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All Forum Posts by: Mitch Stanley

Mitch Stanley has started 14 posts and replied 103 times.

Post: newbe in non performing notes

Mitch StanleyPosted
  • Real Estate Investor
  • Portland, OR
  • Posts 104
  • Votes 29

Hi, Check out -Noteworthy& Paper Source , they both have conventions.  I recently attended , " Legends of Real Estate ".   Jimmy Napier talked about Note Investing and he has seminars scheduled for 2015. I purchased his - Invest in Debt book and purchased his Money not Math DVD. at the seminar. I listened to his - Negotiating CD, it was excellent.

I suggest one Invest in Education- Books, Seminars,ect before spending money buying an Investment Property, Note,ect. Remember , Fail Small not Big. Please check out reviews on these seminars & products before purchasing them. 

Best Wishes, Mitch

Realtor with Keller-Williams

Glendale ,AZ

Post: Becoming Incorporated as a realtor

Mitch StanleyPosted
  • Real Estate Investor
  • Portland, OR
  • Posts 104
  • Votes 29

Hi, Here in AZ a Real estate agent can not have a LLC , the state law permits only PLLC

( Professional LLC ) . One should check with one's State Real estate Commission, or a RE Attorney.

Thank you, Mitch S.

Post: Too good to be true?

Mitch StanleyPosted
  • Real Estate Investor
  • Portland, OR
  • Posts 104
  • Votes 29

Suggestions - 

1. Education before Investing - Books, Seminars, Local REIA, plus your RE Mentor/Network

2. Start Small and Work up -  Fail Small at Begining  not Large.

3. If this property is for families - Poor Choice, but if it's for single adult, No Problem!

4. Representation- You need many people - CPA, Lawyer , Property Management 

  Advisor & an Experienced  Commercial Multifamily Broker/Agent.

5. Who will  be your Buyer in the Future  of this property ?

6. Look at ~ 100-400 properties before buying.

Best Wishes & Good Luck, Mitch S.