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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.
Brandon Morgan is an LLC necessary?
27 January 2025 | 33 replies
The Registered Agent will record the documents on your behalf so only their name and information appear on the documents.
Divya Sosa Tenant lied on rental application regarding criminal history
6 January 2025 | 13 replies
This gives you what should be an easy means to get rid of what appears to be a less than ideal tenant.
Benjamin Blunt How do you find Off-Market Properties?
29 January 2025 | 28 replies
Both are excellent platforms which save people immense amount of work and tme by compiling all the critical data you need in 1 place but there leads are way behind the county recorders/courts/notices i.e the source of most motivated seller leads.
Martin Phinney Moving Out of State - Should I Sell or Rent my House?
28 January 2025 | 9 replies
IF you plan on going back someday, and this is the home you want to move back to, then renting it would be a good idea as long as you estimate that it will cover itself, or preferably, cash flow, which it appears that yours will at @ $2K or so per month (after expenses). 
Anthony Klemm early stage strategy comparisons
10 February 2025 | 16 replies
I haven't gone into so much analysis to see what opportunities truly exist for BRRR strategies, but on the surface (and despite the different risk profile) it appears that this strategy may be better for developing a portfolio early on to eventually get into an appreciation friendly market.My questions basically are:- What do you think of this perspective on the Las Vegas market?
Andrew Rodriguez My Involvement in Fixer Upper
13 January 2025 | 9 replies
They can go to court and the court will order the property to be sold to settle things.
Curtis Cutler cashing in 401k? rethinking retirement.
5 February 2025 | 10 replies
The SI supreme court Ruled the mandates arbitrary and capricious...  
Ronit Lodd Best Property Management Software to Scale to 10+ STR Listings? + Direct Bookings
26 January 2025 | 13 replies
Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.
Chris G. Drain Field Replaced at Rental Property and Broken Cable Line Responsibility
13 January 2025 | 1 reply
Well anyone can write anything into a contract, but whether it is legal and enforceable is for the courts to decide...It is State law here that a contractor must call 811 or they are liable for the costs.