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17 January 2025 | 17 replies
I will message you his contact info.
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10 January 2025 | 7 replies
Since we’re in the early stages, do you have any tips on building meaningful relationships with lenders or private investors for future projects?
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16 January 2025 | 78 replies
This is a great tip
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15 January 2025 | 29 replies
As fund manager you owe your investors a fiduciary responsibility which I can foresee as a basis for lawsuits should the fund not perform as anticipated.
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7 January 2025 | 2 replies
I have purchased an off-market property from an investor who now wants to sell the rest of his portfolio.
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3 January 2025 | 18 replies
The mayor has been hot on out of state investors and poor property managers since his campaign.
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16 January 2025 | 7 replies
It would also have to be put up and taken down between each tenant and I don't know how responsive your PM will be to this extra work.
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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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14 January 2025 | 4 replies
If that's not an option, I would recommend he look into his state and local municipalities' rules on how to handle abandoned vehicles.
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9 January 2025 | 9 replies
I am hoping to make connections to learn more about this market, which neighborhoods to focus on, as well as learn some pro tips as I begin my investing journey.To note, I have begun the loan pre-approval process and have a dedicated agent that is eager to find me a great property.