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26 February 2024 | 32 replies
You already know of this because you practice it, so I wouldn't let this one get under your skin.
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26 February 2024 | 42 replies
It is similar to the regular 10-year adverse possession after color of title, except only 3 years after a void tax sale.
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25 February 2024 | 5 replies
So, these smart-*** investors gave me a good "kick in the butt" - and I started investing my time on weekends, in the evenings, when there were no outside orders.By December 2019, the house was 80% complete, we moved in in May 2020, and I kept improving it until February 2021, when the kids got the second floor as their bedrooms and the basement as a gym for their workouts.The "dark side" of this process of living is here.
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25 February 2024 | 13 replies
Ideally, the Borrower would make a single payment like they are used to and my Investor has security based on the hypothecated Note.Or, must/should I have Investor in 1st position with a Security Instrument and Note based on agreed to terms and then create a Note Rider for a Wrap Loan between my LLC and Borrower spelling out those agreed to terms along with a 2nd Security Instrument in 2ndposition.Example:Borrower Pays: 12% and 3 PointsInvestor gets; 8% and 2 points (spelled out in a Note)LLC gets: 4% and 1 pointPerhaps there are a number of ways to skin this cat but I’m looking for a simple, yet protective, approach for both Investor and LLC.Thanks,Steve
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28 February 2024 | 130 replies
Even GP investment sometimes is not real investment if their skin of the game is coming from their parent or loan as well ( a LOT doing this).
24 February 2024 | 3 replies
No matter what, if this is your first investment property deal, you will have to have some "skin in the game" with anywhere from a 10% to 25% down payment, plus closing costs and required reserves.
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23 February 2024 | 5 replies
This property will not be fancy, and will be painted the same color throughout (walls, ceilings, trim, etc.).What "white" paint would you recommend for a Section 8 property that should give me the best results?
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23 February 2024 | 16 replies
What would have happened if Jackie Robinson only played baseball with other colored people?
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23 February 2024 | 26 replies
Usually, they want you to have skin in the game.
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23 February 2024 | 3 replies
Anyway when the tenant moved out one dark and stormy night it ended up costing me a bundle!