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Results (10,000+)
Ken M. Creative Financing and Some Things To Know
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.
Matt Powers Where to start investing in real estate?
6 February 2025 | 42 replies
Focus on factors like affordability, growth potential, demand, and landlord-friendly regulations to guide your decision.Good luck!
Brendan Jones First property advice
6 February 2025 | 11 replies
Regulations in Nashville allow owner occupied STRs if you are truly an owner occupant.
Brandon Cormier Off market Value add 4 family success!
24 January 2025 | 2 replies
The yard looked like trash, plumbing stack leaks and multiple water heater leaks.
Trevor Scheumann Evictions in North Carolina
6 February 2025 | 10 replies
I will be doing my own research on local laws & regulations, but want to do this 100% by the books.
Nicholi Hibbert Carpenter & Plumber Contractor Recommendations - Southern New Jersey
13 January 2025 | 2 replies
Here are some contacts that might help you build your team in Camden County:Carpentry:Wood World: 267-916-3241Kole Made: 267-332-9663Glenn Pierce: 484-354-5202Plumbing:Ben Franklin In Home: 267-500-8020Roto Rooter: 856-470-1102Greater Works Plumbing: 267-826-6578I hope these recommendations help.
Michael Reilman Best Low-Flow Toilets?
17 January 2025 | 14 replies
Would this just be a matter or working the plumbing out or do I need a specific type of toilet?
Christopher R. Homeowners Insurance/Landlord insurance/Umbrella insurance
23 January 2025 | 15 replies
That may increase your cost or limit the coverage you can get.The Year that the following were updated (either partially or fully) would be good to know:- Heating systems- Roof- Plumbing- electricalSome companies will not write properties with systems that have not been updated.As long as you are living there, the proper policy for a 1-4 family is a "Homeowners" policy.
Ariel K. Tenant intentionally wasting water
5 February 2025 | 11 replies
Assuming you are 100% certain your plumbing is up to standards.
Timothy Hilario Real Estate Advice
28 January 2025 | 2 replies
But it’s crucial to double-check NYC’s rental regulations to make sure you’re in the clear.