With all the lawsuits, scams, and violent attacks on agents recently, nobody should be surprised about these changes unless they’re clueless about current events.

In the event of a lawsuit or creditor claims against the properties, your personal assets would generally be protected, and only the assets owned by the LLC would be at risk.Tax Advantages: LLCs offer flexibility in terms of taxation.

EARNEST MONEY: In the event of a dispute between the Seller and Buyer regarding the disbursement of this earnest money, the broker is required by Ohio law to maintain such funds in the broker’s trust account until the broker received (a) written instructions signed by the parties specifying how the earnest money is to be disbursed or (b) a final court order that specifies to whom the earnest money is to be awarded.

The best way to do so is start by finding your local REIA and attending some events to connect with locals with similar goals.

As mentioned, ensure that client is working with a lender that will refund any remaining 2/1 buydown funds in the event that they refinance before the 2nd year is up, since my crystal ball says that's (beep boop boop) about 87.2% certain to happen (Barry Habib, two three time crystal ball award winner [literally, and among other accolades], agrees btw, though his crystal ball unlike mine does not have the scienterific precision to pin it at 87.2% exactly).

Disclaimer: I have not taken the Epic Pro Academy course, but I attended Matt's 2 day workshop last year.Matt Theriault's 2 day events, which they are somewhat different than the Epic Pro Academy, I believe, since the information is compressed in only 2 days.Nevertheless, lots of practical information is offered, besides instructions and information about the industry, the insights that Matt provides and how they relate to one's approach to business relationships in general, they have value on their own.What I can say about him and his team is that you truly get what they offer, but like with any course, the course is as good as you are by implementing what is been taught.

In any event, push to take title immediately and the terms of the seller financing sound like a home run.

Borrowers die mid project ( I have had 2 of those last 3 years) they get divorced or other life events..

The ones I have seen are old tired and not even remotely relatable to todays RE world complete waste of time I will never attend a REIA event again.

On the other side I have some friends who own a fraction of what I own, but they make more money monthly and are better positioned in the event of a crises because what they do own is completely paid off.