WHOLESALING via Assignments and the Ohio Division of Real Estate
Friday, May 08
Wholesaling is a great strategy. However, far too many people are doing it wrong and causing problems for everyone else.I’ve discussed wholesaling via assignments in person with the director of the Ohio Division of Real Estate and their attorney twice. I’ve also had multiple discussions with thei...
Is your Title Company overcharging?
Friday, May 08
I see a lot of closing statements, aka HUDs, from a lot of different Title Companies. I’ve noticed a trend that I consider annoying or even disturbing. Several title companies include additional fees for endorsements that I didn’t request, and the borrower didn’t ask for. When I’m lending money t...
Real Estate Impacts from CoronaVirus
Sunday, March 22
We’ve been talking about the eventual downturn for a few years now, saying “It’s Coming”. We didn’t know when, and CoronaVirus, or any pandemic, was certainly was not in any of our speculation about what might happen. There’s a lot of wild speculation going on about what might happen over the nex...
Quit Claim Deeds and Judgments
Thursday, September 13
YOU NEED A TITLE SEARCH FOR EVERY PROPERTYI often see people offering Quit Claim deeds for very low prices. Often there are back taxes owed on these properties, Most people know to check for them. However, too many people have skipped the Title Company and Title Search, paid a few grand to the se...
​Investing in Turnkey Rental Properties
Tuesday, June 26
Turnkey rental properties are good investments, especially if you are short on time. However, there are some pitfalls too. A turnkey rental property may come from a provider, the MLS or any other source. A turnkey property could be fully renovated, ready to rent or currently rented.I'm here on th...
IS WHOLESALING REAL ESTATE LEGAL?
Monday, September 18
IS WHOLESALING REAL ESTATE LEGAL?I'm not going to get too far down into the weeds here. As you know, with any post there are a lot of "What ifs", ways for people to misinterpret, and look for a way to weasel around what is said.First, people must stop equating "Assigning the Contract" as everythi...