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24 July 2015 | 75 replies
It is not for lack of trying: we have looked at many "potential" candidates, even tried to underwrite a handful, but vendors think they are sitting on pots of gold and there is too much loose money about these days driving the prices into the realm of silly.It is much better to have a healthy sum in your bank account than a bad deal ... there will always be another candidate property and prices will eventually re-align themselves with fiscal reality.
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19 June 2015 | 1 reply
Super liens might be child support, taxes, labor liens, court orders as judicial liens under state law can take priority over liens made voluntarily, like mortgage liens.
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16 October 2015 | 52 replies
It is a better solution than going through eviction proceedings and besides this family really is trying to get back on their feet.Thanks again for the advice.Not sure where you got the idea about signing the addendum about moving voluntarily.
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17 October 2015 | 3 replies
If you don't have private/hard money lined up or a pot of gold on the side you may have just quit the one thing that could allow you to continue investing!
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21 October 2015 | 4 replies
With NPN investing, the investor is voluntarily entering a difficult situation.However, as explained by @Mike Hartzog and reiterated by @Wayne Snell, if the initial intention is to come to a conclusion that is mutually beneficial to both the investor AND the mortgagor, I think that the moral issue does not apply, and a the mortgagor who is unwilling to compromise is probably the kind of person who doesn't feel bad about failing to meet their obligations anyway (and therefore deserves no consideration in return).
26 October 2015 | 0 replies
Registration may also be obtained voluntarily before reaching the turnover limit.
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9 March 2019 | 14 replies
I self finance my rehabs (well, actually, I more or less self-finance everything, but nevertheless); it is a lot less tempting to go overboard when you are borrowing money from yourself than it is when you are given a big pot of borrowed money from someone else, in my experience.
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10 May 2019 | 41 replies
@John MoorhouseIf you're born to the hustle, you're not afraid of learning things, you don't give a damn what other people think about you, you're willing to stick out putting money aside for years when everyone is spending at it and dismissing you with contempt and pity, when it comes time to poop or get off the pot you can make a decision and stick to it, you've got skin skin like an alligator, and the idea of repeated failure and humiliation does not paralyze you, you'll do great in real estate.Look around, do the online video course (Education tab, Free Course), ask questions.
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13 May 2019 | 106 replies
Since I received your text I’ve watched 27 hours of Kung fu reruns ( tv land marathon ) and drank 4 pots of coffee and Pumped ready to rock and roll .so if your feelin froggish and want to leap then come on by and try to collect the 200 bucks.
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15 May 2019 | 10 replies
Hello BP,I have a tenant that swears she’s not smoking Pot in her unit.