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21 January 2025 | 14 replies
My advice on sub to is as follows1- COMPLETELY understand the process, implications, liabilities, and possible outcomes before engaging or attempting to engage in a sub to transaction2- Complete disclosure going so far as making sure the other part understands the transaction and possible consequences3- Utilization of an attorney experienced in subject to transactions for setup in such a way that provides some protections in case of default or in case the note is called4- Have a backup plan in case the note is called5 - only use for property that has a TRUE positive cash flow unless the buyer has substantial reserves I myself have purchased 8 properties subject to, but 5 of those were commercial properties which often have notes where a subject to is allowable.
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24 December 2024 | 2 replies
I attempted to access and delete the fake listing but was unable to, as Zillow indicated that I am not the owner of the property.
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5 February 2025 | 56 replies
It's not some MLM, pyramid type gig you can just experiment with attempting to make quick or easy money.
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16 January 2025 | 13 replies
I guess my questions that still remain: Did the city in theory have a lot of leverage in these negotiations after the second failed attempt at rezoning by the developers?
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18 December 2024 | 3 replies
Trust is made up of two things: Competence and Character.
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23 December 2024 | 11 replies
Their character, their payment record, how well they take care of you property, etc all these things are for you to discover with your tenants and build trust between each other. 2. when it comes to screening, you must check their credit, their paystubs, their employer and landlord references, their criminal background, I also get a copy of everyone's photo ID.3.
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20 January 2025 | 19 replies
U can initiate a sale as the owner this is just a moratorium from investors or others wanting to swoop in and take advantage of folks at least that's what the state is doing or thinking this moratorium is going to doWould someone suing the city or fighting an insurance company attempt to sell their property?
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15 January 2025 | 10 replies
You have two options: attempt to gather these resources or collaborate with an existing team.
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15 January 2025 | 24 replies
But, someone who has saved their first $25K on the road to becoming a millionaire ensures they go nowhere fast by attempting to allocate $2.5K across ten different investments.
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30 December 2024 | 7 replies
*That said* - I agree with @John Underwood as you should be concentrating on saving and owning investments, not attempting to create a middleman job.