All Forum Posts by: Lonnie Pickard

I wouldn't say Iowa is unsaturated. Check out your local REIA and you'll meet the other investors in your area and what they're going after. There is an excellent one in Des Moines that I used to be a member of, but the long drive made it too inconvenient. I found a local Meetup group in my area that is great.

@Nathan Joens pm me & I can refer you to a great one. She is with Ruhl & Ruhl and her & her husband are also active investors.

Welcome Roland.

You will definitely learn a lot of valuable information here.

A lot of Transactional Lenders will let you download & print property specific POF letters, however, most of your more educated realtors know they are bogus, so use your best judgement.

Welcome Kelli.

I'm in the Iowa City & surrounding market, but good wholesale deals are getting harder to find. I have been looking at the Des Moines area, where there seems to be a lot more action. If you're looking for buy/hold, let me know your specifics & I'll add you to my list.

Happy Birthday Josh. Have a great one. Thank you so much for BP. It has been a blessing.

Welcome to BP Nate. You picked a great site if you want valuable information.

That's a great idea starting a REI Group at ISU. Even though you are new, it sounds like you really have your "ducks in a row."

I'm in the Iowa City area, so maybe we can chat sometime.

Go Hawks! :)

I'm hoping someone can help me out with this. I have been told that when I put a property under contract, I need to fill out an addendum with it & file it with the courthouse. This would give me equitable interest in the property, so the seller or another buyer couldn't go behind my back & close on it because there would be a cloud on the title. If this is the case, could someone tell me the proper & legal way to do this? I would also like to know if there is a template or example of the addendum I need to use?

Thank you.

I'm hoping someone can help me out with this. I have been told that when I put a property under contract, I need to fill out an addendum with it & file it with the courthouse. This would give me equitable interest in the property, so the seller or another buyer couldn't go behind my back & close on it because there would be a cloud on the title. If this is the case, could someone tell me the proper & legal way to do this? I would also like to know if there is a template or example of the addendum I need to use?

Thank you.

Welcome Steve. I'm a wholesaler in the Iowa City area. Look forward to network with you.