Due-On-Sale Clause: What is it and What do I Need to Know?
Monday, August 01
What is a Due-On-Sale Clause? A Due-On-Sale Clause is a clause in almost every mortgage that allows a lender to demand payment of the loan in full in the event that the borrower sells or transfers the property to another person or entity without the lender's consent. Will a Transfer to my LLC Tri...
Service Animals, Emotional Support Animals, and the FHA
Thursday, January 07
I recently came across a post on a BiggerPockets Fan Group on Facebook in which someone asked whether they could charge additional rent for Service Animals and Emotional Support Animals. The responses made me realize that there are likely many landlords out there who are violating federal law an...
Five Things to Keep in Mind Before Wholesaling Real Estate
Tuesday, October 20
As an attorney, I have quite a few investor and wholesaler clients. Here are some things to keep in mind before wholesaling real estate (please be aware that no part of this is meant to provide legal advice to the reader):1. Do not expect people to work for free. We all need to make a living. ...
The Florida Homestead Exemption
Thursday, September 10
This post relates more to law than to investing, but it lays out the benefits of establishing homestead in Florida. Ever wonder why O.J. Simpson moved to Florida? The sunshine and year-round warm temperatures certainly have their draws, but the real reason is likely due to Florida’s generous hom...
$34k+ in Credit Card Debt to Homeowner in Less Than One Year
Thursday, August 27
At the start of 2019, I had over $30k in credit card debt. By the end of the year, I was credit card debt-free and had purchased a quadplex. Now, we are in the process of building a house and we are actively seeking more investment properties. It came with a lot of sacrifice and hard work, but go...
Changing My Mindset on the Path to Financial Freedom
Monday, August 10
Just four years ago, at 25 years old, I was stuck in a job that I hated and questioning my career choice. I was terrified that I had taken out student loans to get a degree for a job that I was going to be burnt out from in only a year. I was afraid I would be miserable and stuck in a job just ...