Does The Maier Group, Inc. pay any expenses?
Yes, we are quite unique in this way unlike typical joint-ventures or partnerships who charge management or administration fees, we do not. We absorb all of the out-of-pocket costs to set up of the joint-venture, the filing fees as well as the recording and publication fees for “Fictitious Business Name”. We pay for the cost of researching the information to qualify the properties for purchase, including records searches, physical inspection of each property, the registration fees to the various counties plus travel and lodging up to the point of purchase. Once we have made a purchase all costs are shared with you equally. These. These include Title, Fire and Liability Insurance, Litigation Guarantees and any occasional costs in obtaining “Clear and Marketable Title” to a property, as well as any refurbishment costs, after a property is purchased; the actual the selling costs for a property you are invested in and Escrow fees are paid for by the joint venture out of the sale proceeds w
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- Does The Maier Group, Inc. pay any expenses?
