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Posts Tagged ‘Owner’

If you are contemplating starting an online home business or you are already operating a home based business then this article is for you.

Some home based business company actually put you in charge but does not make you the rightful owner. A lot of times people think because they signed up for an online home business and receive a website with their name on it, they own the business, which is not true.

It’s true that almost all the companies out there portray the notion that its agent will become business owners by becoming involved with the parent company. The sad thing is that many arrangements give you the title of a business owner but the authority of a distributor. As a result, you are compelled to work within the confines of the business model of the home business company and selling their wares at their stated price and earning within their compensation plan.

As discouraging as this may seem, it’s not as if this online home business companies are a horrible thing. Rather, am just trying to point out the misconception most people who join this business have.

Some of the disadvantages of this are

1. You will not be able to make any change on your affiliate website.

2. You won’t be able to sell product not from the company.

3. You won’t be able to adjust price. Therefore if you rival is undercutting you, there is no way out.

The only thing you have control over is how much cash you spend on promoting your online home business.

With all that being said, franchising in a good way to set up a home business due to the name recognition as well as trust which it provides. This is certainly correct whether you are operating brick and mortar or strictly on the internet. However, both cases present a similar scenario for franchise business operators. Some amount of fees will be charged to take advantage of any national advertising campaigns and you are restricted to using only products obtained from them or their authorized distributors. Of course, your name will be inserted as the owner of the franchise business but not the main business itself.

When looking for a business from home to start, always bear in mind that some business opportunities will allow you to own the business while others won’t. If you are looking for the liberty to promote your own product, then you will have to stay clear home based businesses which make your enterprise subservient to a parent company, period!

I hope you find my home business tips interesting.

Best Wishes,

John Benjamin

Forte Properties is a full service real estate company that specializes in Owner Financed homes in Cedar Park, TX and surrounding areas. We have EXCLUSIVE access to over 250 Owner Financed homes in the greater Austin area. Homes other investors don’t want you to know about! We know how important the decision is when you have to choose professionals for various needs in your life; we take helping people like you who want to purchase a home very seriously.

We have teamed up with Exit Options Realty and work hand in hand with dozens of professionals in various facets of the real estate market dedicated to assisting you with whatever your real estate needs may be. We work with licensed RMLO’s and Real Estate Attorney’s to ensure all of our Owner Financed home sales are 100% legal and conform with the new Texas S.A.F.E. Mortgage Act. Why risk it with anyone else??

Our customers are at the heart of what we do, and we are committed to finding your perfect home, based on your preferences, in a timely manner, for the best price possible.

You want to purchase a home; unfortunately, the ongoing credit crunch makes being approved for a traditional real estate mortgage loan daunting at best. If you are self employed or on fixed income, or have had a bankruptcy or past foreclosure, you can qualify for our Owner Finance program. If you have at least 5% to 10% down and can afford monthly payments, you are approved!

So what are you waiting for? View our available homes at http://www.AustinOwnerFinancedHomes.com, and if you do not find what you are looking for, register for our new home email list and we will send you homes based on your search criteria!

Oh here we go again. I heard from another realtor just this week; oh my seller cant sell a property and let someone take over the payments because the bank may use the Due on Sale Clause to ask for all their money. In the same conversation the realtor outlines the sellers best plan of action is to keep dropping the price (who cares that its the sellers ,000 to ,000 of equity just being thrown out the window) or rent it out.

Many realtors today without hesitation will suggest to their clients, if you cant sell, just lease it out yet the realtors dont sit down and list all of the ridiculous reasons landlords have been sued and LOST millions over. Renting has been around forever and the risks of being a landlord are just an acceptable risk verses the reward of not making vacant house payments or not letting the home go to foreclosure.

Yet at the same time, those same realtors because they are unfamiliar with owner financing as a selling option will say dont do owner financing its too risky. Oh really? Can the buyer living in the owner financed home sue the seller? Nope, not if you construct the transactions the way I do it. If the buyers dog bites the neighbor kid or the UPS guy, can the injured person sue the seller who provided the owner financing? Nope. If the buyer does something stupid, can he sue the seller who owner financed him the home? Nope. Yet if you substitute tenant and landlord instead of buyer and seller in the above questions. The answer becomes yes to everyone. In every one of those scenarios the landlord can be sued, has been sued and has lost.

So I decided I wanted to issue a challenge to all those Due on Sale Clause Nay Sayers out there. Find me lawsuits pertaining to violation of the due on sale clause. Youll find lots of articles from others saying, oh my gosh dont violate the due on sale clause. But find me some that actually have. I cant find any and Im on my third day of searching.

Id bet if youre someone who says to a seller (who cant sell) rent it out, you say that because renting has been around since the dawn of time.  And the risks associated with renting are well known and people take that risk anyway.

I bet no one points out that a 10 year study finalized in 1998 showed that Landlords/Property Managers/Apartment Complexes were the MOST sued business in the United States. Granted only 50% of the landlords lost. But how much did it costs those landlords in time and legally fees to win the battle?

The Due on Sale Clause has been around since 1933. Can you please find me lawsuits where sellers have lost millions due to its enforcement. I cant find them can you???