If You’ve Got Questions, We Have the Answers. We’ve got the answers to all your questions – and some you’d never think to ask. Choose a topic below to read through a list of questions and answers. If you have a question of your own that we haven’t answered here, feel free to Contact Us.
At The Siretskiy Organization, our corporate consists of only strategically chosen talent, who have proven themselves as effective and confident leaders in the most competitive and challenging matters!
We employ dynamic individuals with a passion to revolutionize management & depth in their respective area of expertise. We are a dedicated group, who brings energy, ideas, and pride to work every day. Click Here To Learn More About Our Team.
The Siretskiy Organization is classified as a Holding Firm. The term holding company comes from the fact that the business has one job: to “hold” investments.
A holding company is a parent corporation, limited liability company or limited partnership that owns enough voting stock in another company to control its policies and management. A holding company exists for the sole purpose of controlling another company, which might also be a corporation, limited partnership or limited liability company, rather than for the purpose of producing its own goods or services.
Holding companies also exist for the purpose of owning property such as real estate, intellectual rights, equity in other subsidiaries, patents, trademarks, stocks and other assets. If a business is 100% owned by a holding company, it is called a wholly owned subsidiary. Such as but not limited to: Song Rights, Brand Names, Patents, Trademarks, Copyrights, virtually anything of value, etc. CLICK HERE to learn more about us.
A subsidiary is a company that is owned or controlled by another company, which is called the parent company, or holding company. Click Here To Read More.
We are a Private firm, not Public.
Privately-held companies do not expose their assets, and are privately held.
Is The Siretskiy Organization a Real Estate Company?
No. The Siretskiy Organization is a holding firm which acquires businesses, real estate, and other subsidiaries, due to our flexible capital.
Siretskiy Real Estate is one of the subsidiaries of The Siretskiy Organization, which handles ALL Real Estate Matters.
How many subsidiaries does The Siretskiy Organization own & operate?
We keep such information confidential. The Siretskiy Organization is proud to own many subsidiaries Nationally & Internationally.
The nature of our businesses allows us to work with vendors, clients globally.
Siretskiy Real Estate represents many international clients, and of course local as well.
It is an honor to have so many great relationships all over the world. Want to read more about us? Click Here To Check Out Our Blog.
Our Legal Department consists of counsel of extensive expertise. Dave Singh is our Senior Corporate Attorney, and our fierce legal leader! David Tashroudian is powerful and respected litigation lawyer. David is a force not to be reckoned with. Dennis Block is the best evictions attorney in the country! Last but definitely not least Louis Kosnett.
Please submit your resume, professional picture, salary history, and a description of how you can contribute to our organization, and email to info@siretskiy.com. One of our associates will contact you. Applications are subject for review.
Where are our wonderful offices?
Want to review our Recommendations and Designations?
We would love to share them with you. Our reputation speaks on our behalf. Click Here To Take A Look For Yourself.
Have questions that have not been answered?
Please email all questions/ideas to info@siretskiy.com.
Beverly Hills & Las Vegas Chamber of Commerce.
We are proud members of the Beverly Hills Chamberc of Commerce & Las Vegas Metro Chamber of Commerce for many years. The Beverly Hills & Las Vegas Metro Chamber of Commerce consists of only the best in various businesses, and together we stand strong. Click here for more information.
Successful people deliver more than they promise, and they always promise a lot! Click Here, to read what others have to say about us.
Do The Siretskiy Organization and its subsidiaries invest its own funds?
We fund 90% of all Projects and Investments with our funds. We have our skin in the game in most projects/investments.
WHAT ARE SOME PROJECTS WE ARE INVOLVED WITH?
Real Estate New Construction, Real Estate Apartment Buildings, Canter’s Deli Las Vegas Linq Location, Canter’s Deli Las Vegas Tivoli Location, Oklahoma Oil, Tech, Franchises, etc.
Are we looking for investors?
Not always. We fund most projects/investments ourselves, but are always open to options. If you are an accredited investor who wants to discuss further on this matter, reach out to us, and we will invite you to our office for discussion. We are very selective, and all investments are case by case basis.
To be an accredited investor, a person must demonstrate an annual income of $200,000, or $300,000 for joint income, for the last two years with the expectation of earning the same or higher income. An individual must have earned income above the thresholds either alone or with a spouse over the last three years.
Consider an individual who earned $150,000 of individual income for the last three years and reported a primary residence value of $1 million with mortgage of $200,000, a car worth $100,000 with outstanding loan of $50,000, 401(k) account with $500,000 and a savings account with $450,000. The person’s net worth is exactly $1 million, which is calculated as his assets of $1,050,000 ($100,000 plus $500,000 plus $450,000) minus a car loan of $50,000. Source: Investopedia. Click Here to read more.
We truly have a diverse business portfolio. Click Here to reach more about our oil investments.
Our firm is inclined towards Serious B Investments in the Tech World. By the time Series B investment is being enthusiastically pursued a startup is usually well on its way to being a reputable and established business. Main focus at this point is Team Expansion, Globalization, Acquisitions, etc.
“Under this program, entrepreneurs (and their spouses and unmarried children under 21) are eligible to apply for a green card (permanent residence).” Click Here to Reach More Details about the program from USCIS.
Holding companies also exist for the purpose of owning property such as real estate, intellectual rights, equity in other subsidiaries, patents, trademarks, stocks and other assets. If a business is 100% owned by a holding company, it is called a wholly owned subsidiary. Such as but not limited to Song Rights, Brand Names, Patents, Trademarks, Copyrights, virtually anything of value, etc. CLICK HERE to learn more about us.
Which Properties did Siretskiy Real Estate Represent?
Click here to take a look at some gorgeous properties we were honored to represent (Either the buyer, seller or both)!
Click Here to take a look at a few AIRBNB’s we own and manage.
Who will be representing me in my real estate transaction?
Every property is diverse, and therefore requires a tailored approach. Mr. Siretskiy personally looks over all transactions to determine the best approach for you.
Why do we believe Real Estate is one of the most definitive investments?
In simple terms, Real Estate has High Cash Yield, Equity Build-up, Leverage, It Is A Hard Asset, and obviously because of its Tax Advantages.
Beverly Hills Chamber of Commerce.
We are proud members of the Beverly Hills Chamber of Commerce for many years. The Beverly Hills Chamber of Commerce consists of only the best in various businesses, and together we stand strong. Click here for more information.
A contingency clause defines a condition or action that must be met for a real estate contract to become binding. A contingency becomes part of a binding sales contract when both parties (i.e., the seller and the buyer) agree to the terms and sign the contract. Accordingly, it is important to understand what you’re getting into if a contingency clause is included in your real estate contract.
What is the difference between being Pre-Qualified & Pre-Approved for a loan?
On many occasions, buyers and many agents have no idea of the difference. Therefore, if you are Pre-Qualified, it means that you maybe are qualified to get a loan, assuming that all of the information you provide to the Bank/Mortgage professional is accurate and complete.
A Pre-Qualification means that your documents have been looked at and based on the information submitted, the Bank/Mortgage Professional believes you are qualified. Does NOT mean that you 100% are, just an opinion. Unfortunately, that is not good enough. This circumstance created liability and uncertainty. If one opens escrow and does not fund, many consequences are possible.
The goal is to get Pre-Approved! This means that you have undergone the extensive financial background check, which includes your credit history, previous/current tax returns, verifying your employment, etc. If the Lender states that you are Pre-Approved, that means you are approved, and ready to write offers (this is the stage you want to achieve asap).
Once you have been pre-approved, the lender will typically issue a document, stating for how much you have been pre-approved for, and upon what preliminary terms.
We strongly suggest to use a mortgage broker, as they work with many banks, rather than obtaining a quote from one. Reach out to our team for recommendations of various top lending options. It would be our pleasure to guide you through this process, and provide more detail.
When a home is sold, the buyer and seller incur various closing costs in addition to the sale price. Typically, closing costs for a seller consist of but not limited to excise taxes, transfer taxes, title insurance, real estate commissions, escrow fees, etc. Buyers pay a variety of fees such as mortgage origination charges, title insurance, escrow, home insurance and property taxes, etc.
In Real Estate though, buyers and sellers have the option to negotiate which party pays for various closing costs. Buyers who are obtaining a mortgage will receive an estimate of their closing costs from their lender called the Good Faith Estimate. Sellers can receive an estimate of their closing costs from their real estate agent, called a net proceeds estimate.
What is a net proceeds estimate?
Net proceeds is the amount received by the seller after all costs and expenses are deducted from the gross proceeds arising from the sale of an asset. Capital gains taxes are generally paid only on the net proceeds of a sale, instead of the gross proceeds.
Property tax is a levy on Real Estate. The owner is obligated to pay for this matter, typically annually or semi-annually (sometimes it is calculated in monthly payments).
Property tax is commonly collected by a county tax assessor, but the proceeds may be divided between state, county and city governments.
Property taxes are determined by the tax-assessed value of a home. Each neighborhood has their own timelines and procedures for how the tax-assessed value is determined.
The power of 1031 exchange in Real Estate.
When investors and/or businesses structure their asset sale and replacement purchases as 1031 Tax-Deferred Exchanges, they are able to defer paying capital gains and recapture taxes. The 1031 Exchange is a powerful tool that encourages people and entities to re-invest their profits into newer, more productive property, stimulating business and economic growth. Click here to read more.
National Association of Realtors® CODE OF ETHICS.
SFR – Short Sales and Foreclosure Resource Certification.