All Forum Posts by: Jason Brungardt

Does anyone have a recommendation for a good property manager, someone they have had a good experience with?  I would need someone with experience working with out-of state-investors.  Thanks.

@Mike Hern: I want to thank Mike for responding to my first question, in which he linked to a response he previously made regarding the topic of 'Sub-To'.  I have linked Mike's response here so you have to origins of the question below:  https://www.biggerpockets.com/... 

For another more detailed question, if you seller finance a property that you have taken title to through the sub-to process and the bank executes the due-on-sale-clause how do you protect the end buyer's interest in the property?  

Hello everyone. 

I have a tricky question.  I have the opportunity to buy a property outside of St. Louis in Illinois Subject To.  I then have someone who is asking me if I would be willing to do a seller financed loan to them.  Does anyone have any insight on whether this could even be done?  Thanks.  

Looking for a property manager in Chattanooga.  Does anyone have a good reputable manager they could recommend?

Do anyone know if you can openly mention in a letter to a property owner that you can possibly pay more if they would consider seller financing verses a cash offer?

Looking to join or start a group that allows investors to roll play conversations in different scenarios we encounter with potential sellers.  We all know that if you can source your own deals you will always be in business, whether you wholesale, flip, buy and hold...  Interested in fine tuning your skills before you go live on calls?  Interested in accountability group to help keep your momentum?  Need that boost of encouragement when you feel like you are spinning your wheels?  That's the sort of club I envision!  

Planning to hold a weekly Zoom conference meeting for the time being.  Reach out if you are interested.  We could all benefit from one another's experience.  If a club like this already existing please let me know where I can contact someone to join in.         

Hi Tinley,

I have been using Old National Bank. Jason Rucker is my contact over there. He has been great. Not sure if what they do regarding LLC, but it's worth checking out.

I am considering purchasing a skip tracing list on some Indiana residence in order to get their telephone numbers. Are there restrictions on Indiana Cold Calling?

I have an architecture degree and have been in the field since graduating in 2002.  I went to college for something I enjoy to do, but I have seen how the economy effects the industry.    When times are good banks loan money, investors borrow, architects design and contractors build.  When the economy is down things can get tight as banks get tight fisted with money.  

 I think you are wise to ask the questions now, because things change when you are no longer scrimping to support yourself to scrimping to support a family.  Your skills in architecture transfer well into real estate, so I don't see your decision as needing to be either or.  

There have been many good points made to you here. I think a base income under you while you gain the know-how of real estate is important.  Just a recommendation, but check into what schools offer online course/ degrees. I have heard that some schools discount their costs for online schooling.  An associates degree was mentioned... That would provide a better chance at getting a better paying job without sinking you really deep into debt.  I have seen people make bad deals in real estate when they feel they need to make something happen because real estate was their only income.