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2 February 2025 | 2 replies
A couple tips--Always best to house hack small multis when you are moving around from base to base.
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6 February 2025 | 12 replies
Any tips and information is greatly appreciated thank you!
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23 January 2025 | 10 replies
I can assure you will find alot of helpful tips and information here.
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4 February 2025 | 5 replies
HI @Jonathan JacksonHere is a tip for you as you begin your REI journey.
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27 January 2025 | 15 replies
Quote from @Philip Beckwith: Does anybody have any tips on how to successfully appeal property taxes?
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28 January 2025 | 4 replies
Any answers or tips would be greatly appreciated.1) Is it at all possible to obtain 15+ year financing on MHP?
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13 January 2025 | 1 reply
My humble advice to anyone attempting to do creative finance is:Creative finance is for experienced investors who have access to capital if anything goes wrong.Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal levelLearn the financing techniques correctlyDon’t skip parts of the processDon’t ever do a “kitchen table” closingUse the proper deedAn attorney can help you with the legal work, but the rest you are on your ownYour guru will not bail you out“Investing” in someone else’s deal by providing a small 2nd loan so the “investor” can pay for “cash to the seller” and for “closing costs” so he can do the deal is a very bad planKnow what problems can ariseLearn the responses and solutions to problems before they are neededKnow everything there is to know about Title and what that meansKnow who a "protected class" individual isLearn the "back doors"Learn human natureUnderstand timelinesUnderstand regulation enforcement (some of these "mistakes" have a 10 year statue of limitations ( they can charge you 10 years AFTER you do the transaction) and carry hefty fines and possible imprisonmentThe court doesn't accept "I didn't know" for an answer"Know that the source of the lead plays a serious role in some states and federallyKnow how much of a "profit" pushes the boundaries to invite an investigationYou can be sued by the seller if you don’t do things correctlyYou are automatically at fault if an investigator or attorney or regulator gets involved.
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6 February 2025 | 3 replies
I'd love to hear what other people are doing and recommend; tips and tricks for guarding a vacant property.
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30 January 2025 | 4 replies
Jay thanks for the tip, it helped in searching and learning about "lead generators" in the fine print in lending and what means.
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4 February 2025 | 1 reply
I’m looking forward to hearing about your experiences and any tips you have for someone considering a similar investment.