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23 December 2024 | 9 replies
For the personal side of things, I do a GoBundance Onesheet, which breaks my life up into Financial, Health, Relationships, Friends, Adventure, and Spiritual/Contribution.Happy to share either document with you if that would help Tonio!
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12 January 2025 | 185 replies
In my almost 20 years of doing Subject 2's and working with other investors in almost every State in the US, in the very few instances the Due on Sale is called it is because if the inexperience of the Investor in not knowing how the transaction is to be done, (not closing with a Title Company or Attorney, not doing the Insurance correctly)Most of all, (not communicating with the seller) Bank calls the Seller to offer them Life Insurance or some other service, and the seller tells them, "I don't own that house any longer, some guy took that house from me and put some renter in it"If you dig into any investor that tells you they had a property or a friend of their brother in laws Collage roommate that had the Due on Sale clause called, you will most likely find that the investor screwed up somewhere.This is why Education and knowledge is needed on any Real Estate transaction.I get calls almost everyday from someone who screwed up on a Subject 2 and is asking to be bailed out, many times they do not want to pay for help, and things just get worse.If you know how to make the Bank Comfortable with the transaction, all is good.Last year I had a couple of hedge fund managers call me asking how they can offer their under preforming loans to Investors to by Subject 2, wow what a great deal, I could call Pace and he would have buyers the same day for a 1,000 homes, but the legal aspect of this would hold the Hedge fund liable so we could not do a deal.
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25 December 2024 | 4 replies
I have a friend out of PA that sets homes in the tri-state region and I can recommend some manufacturers up your way but need to know more particulars of what you're looking for, as in basic ranch, one story/two story, etc...
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28 December 2024 | 8 replies
I have a few friends who is very pro Ohio (Akron and Columbus specifically), but i ventured elsewhere.
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23 December 2024 | 9 replies
The area tends to be more owner occupant friendly rather than renting.
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21 December 2024 | 20 replies
The state that I live in is also not landlord friendly.
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24 December 2024 | 44 replies
They prefer the middle/southern part of the country because the laws are friendly and prices are more affordable.
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30 December 2024 | 103 replies
He walked away from his business letting his best friend take it over.
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31 December 2024 | 418 replies
You ARE the company now, scorched earth on the company is scorched earth on yourselves!
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30 December 2024 | 12 replies
You can use client data to support your work as an investor-friendly agent without making it a pitch.