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7 January 2025 | 4 replies
What was the outcome?
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27 January 2025 | 56 replies
(Pending the outcome of the state bill on property taxation of STRs.)Also, how long have you owned?
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4 February 2025 | 87 replies
I would want to know how you handle all of the negatives and bad outcomes long before you told me how great the investment was going to be.
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1 February 2025 | 56 replies
Non of us, no matter how experienced, have a crystal ball that we can look into and see the future outcome of an investment.
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4 January 2025 | 0 replies
What was the outcome?
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4 January 2025 | 0 replies
The deal went pretty smoothly What was the outcome?
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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.