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All Forum Posts by: Justin Buswell

Justin Buswell has started 2 posts and replied 49 times.

Quote from @Theresa Harris:

According to this website, they do "A right of first refusal in a lease gives a tenant a right to purchase the leased property if the landlord receives a bona fide offer to sell the property that the landlord wants to accept".  Talk to a realtor or lawyer and ask them.  They would have to meet the offer from your buyer and if they do, you still get the same amount of money in the end.

It's not clear to me that is what it says.  It sounds like it says if its in the lease they get it.  I don't know that its in the lease.  Well I can't find it anyway.
Quote from @Bob Paxson:

We usually just get a hold of a title company and they will set up the closing and let you know all the information you Need before the closing ….. that’s how we do it in  Philadelphia


 I think I want a little more there than just the escrow company but I should probably call a couple to be sure.

Hello I am selling a rental that was my primary.  It is currently rented.  The property manager is telling me the tenant gets first right of refusal.  Is this true?  I want to sell but had already identified a buyer.  Thank you.

Quote from @Jonathan Minerick:

You can find an escrow company and they can often assist. 

If you need slightly more help with the paperwork, disclosures, timelines, just google "Transaction Coordinator FSBO" and you'll find one (usually around $450). If you need a recommendation, just DM me.


 $450!  Wow.  That is amazing compared to the 1.5% I have seen.  I will look into it.  Thanks.

Hi I am selling a house an already have a buyer.  I just need a closing service.  I am in Ca.  Does something like this exist?  Basically all the deal closing and legal that an agent would typically do with out the high commission since the majority of the work is done.

Any help would be greatly apreciated.

Post: The "Subject To" Strategy

Justin BuswellPosted
  • Posts 50
  • Votes 32

Hmm, not a hotly discussed topic.  My question if anyone can speak to it is how does the strategy not trip the due on close clause and how both parties protect them selves.  I might like to sell my house using my really good interest rate and arbitrage to make some money.

Quote from @Lynne Lowder:

Hey @Jourdan Amerson, your link didn't take me to your page, can you supply it again please?  One thing the initial Vodyssey video showed me was that they try to help you avoid using Airbnb by setting up your own website, so, I'm curious if you felt you had to resort to still using Airbnb to advertise?  Also, I would love to take you up of being introduced to other users of the Vodyssey $4,800 program, if you can connect me.  I appreciate it!


 This is not true.  The program helps to let you get direct booking but it is still primarily focused on the OTAs.  

Quote from @Jeff Ainsworth:

Im curious why you think you are the issue?  Are you having better luck since your comment?


Well because there does not seem to be anyone else having issues with the value prop of the course.  Actually, I only speak to people besides myself who love it.  Must be something wrong with me.  This view also allows that my feelings and views may change with time and effort.
Quote from @Greg Chambers:

The internet is a great resource, no doubt. While I'll admit to being a new member of BP and also just recently discovered the potential income and tax advantages of STR ownership. It is surprising to me how many members here are against paid consultants and coaches.

Over that past 10 years I've spent over 6 figures for professional consulting, masterminds and coaching and every investment in myself and my businesses has yielded returns.  I find participating in likeminded groups reduces my learning curve and accelerates revenue generation.  Perhaps most importantly puts me in connection with required business associates of similar resources and experience to myself also willing to invest in themselves and their success.

Yes, I have invested with Shawn Moore's company.  I can say the access to the hundreds of successful members itself is worth double the price of admission.  However, that is only starting point.  The training for people like me in the beginning of their str journey is equally valuable as is the access to Shawn (someone with personal knowledge/ experience with str investing) cpa's, attorneys (for proper entity structuring), lenders, and the many other professionals required to play on this very expensive playground is perhaps the most valuable.

Anyone not willing to invest $5,000 to $10,000 in their str business for professional consultation, training, and mentoring may find the cost of not having a high caliber, experienced, professional team working with them may be far more costly in the long run.  I have found str investing to be highly specialized and most cpa's, lenders, real estate agents, and attorneys don't have a clue about how do to it properly (but will likely not admit it).  One thing I've learned is none of us know what we don't know ... this holds especially true for the professionals we require for successful str investing.

This is by far the prevailing viewpoint you will see on the Vodessey offering.  I have encountered no one with a divergent viewpoint other than myself.  I continue with the group convinced that I am the issue.  I look forward to finding the $7K value in the very near future.