All Forum Posts by: Brian Gibbons

Very good article from @Amanda Han

https://www.biggerpockets.com/renewsblog/2014/07/1...

@Mary Stead

When there is a panic, values go down.

2007 - 2008 was unique.

There are several movies on netflix and amazon that go through that period.  I like The Big Short.

https://en.wikipedia.org/wiki/The_Big_Short

Backround...

A credit default swap (CDS) is a financial swap agreement that the seller of the CDS will compensate the buyer (usually the creditor of the reference loan) in the event of a loan default (by the debtor) or other credit event. That is, the seller of the CDS insures the buyer against some reference loan defaulting. The buyer of the CDS makes a series of payments (the CDS "fee" or "spread") to the seller and, in exchange, receives a payoff if the loan defaults. It was invented by Blythe Masters from JP Morgan in 1994.

By the end of 2007, the outstanding CDS amount was $62.2 trillion,[3] falling to $26.3 trillion by mid-year 2010[4] and reportedly $25.5[5] trillion in early 2012. CDSs are not traded on an exchange and there is no required reporting of transactions to a government agency.[6] During the 2007–2010 financial crisis the lack of transparency in this large market became a concern to regulators as it could pose a systemic risk.[7][8][9][10] In March 2010, the Depository Trust & Clearing Corporation (see Sources of Market Data) announced it would give regulators greater access to its credit default swaps database.[11]

See https://en.wikipedia.org/wiki/Credit_default_swap#...

@Steve Vaughan

 There's a very good point you make regarding the taxation issues, 

if you rent for 12 months and a day, 366 days, your taxation when you sell (what the IRS charges you)  is a lot less then if you sell quickly (less than 12 months)

See your CPA

@Jason Eberhardt

create an llc and have a partnership agreement, with percentages of ownership, 

see an attorney, 

I do this often.

try www.notecollection.com

@Account Closed

Lease Option Training

Check these videos out!

Lease Option Lessons

https://myreiskills.com/strategies-for-success/selling-strategies/sell-on-lease-option/

https://myreiskills.com/strategies-for-success/buying-strategies/master-lease/

https://myreiskills.com/strategies-for-success/buying-strategies/master-lease-option/

https://myreiskills.com/strategies-for-success/buying-strategies/seller-gets-a-new-loan-then-sub2-purchase/

https://myreiskills.com/strategies-for-success/buying-strategies/lease-option-then-assign-the-deal/

https://myreiskills.com/texas-lease-options-new-laws/

https://myreiskills.com/2017/01/13/challenges-and-obstacles-in-north-carolina-re-lease-purchase-and-lease-options/

https://myreiskills.com/2016/11/07/negotiating-sub2-wrap-purchase-and-lease-options-with-home-seller/

https://myreiskills.com/agreements-for-real-estate-investing-table-of-contents/

https://myreiskills.com/videos-sitemap/video-lease-options-tenant-buyer-agreement-earnest-money-agreement/

https://myreiskills.com/2016/06/07/tip-protect-lease-option-tenant-buyers/

https://myreiskills.com/category/dodd-frank-act/

https://myreiskills.com/videos-sitemap/video-negotiation-lease-purchase-faqs/

https://myreiskills.com/videos-sitemap/video-lease-purchase-equity-split-with-seller/

REI Courses

• Sub2 (Subject to Existing Financing or Get the Deed, Take over payments without Banks)
• Wholesaling - Getting a property under contract and Building a Buyers List
• Land Contracts - CFDs, ILCs, AFDs, Bond for Deeds (LA), Contracts for Sale (CA)
• Lease Options when Selling (Dodd Frank discussed)
• Lease Options when Buying (Assignments, Sandwich Lease Options
• Land Trusts and Property Trusts (for privacy)
• Private Lenders - Finding them and negotiating a good deal for yourself
• Joint Venture Partners - Finding them and negotiating a good deal for yourself
• Creating a LLC and making money as fast as possible

Go to this link to listen to the video!

@Reed Starkey

you can google "youtube Brian Gibbons REISkills"

1. Sub2
2. Land Trusts
3. Lease Options when Buying - Assignments and Sandwiches
4. Lease Options when Selling - Lease with Option and Rights of First Refusal
5. Contracts for Deed, Land Contracts, and Installment Sales
6. Find Private Lenders for Deals
7. Find JV Partners for Deals
8. Be Dodd Frank Compliant

See this link for details

See this link for testimonials

Thank you for considering me as your 1 on 1 coach!

And be sure to ask about my 1 on 1 coaching guarantee!

Best Wishes,

Brian Gibbons

Thanks @Mark Pedroza

@John Fedro is king of Mobile Park Acquisition