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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.
Jonathan Sanchez Pricing Strategy - What is your approach?
16 January 2025 | 13 replies
I price higher far out and bring my prices closer to market as dates get closer.  
Ryan Brown Tenant blasting music all night
26 January 2025 | 24 replies
Give them notice that their lease will end and you expect them out by a specific date/time.
Isaac Terry Investing Out Of State - Starting
22 January 2025 | 20 replies
There are a lot of rough areas here that look good on the internet but the reality on the ground is much different. 
Nadine Wallace Advice on temporary security cameras during rent-ready repairs on long-term rentals
16 January 2025 | 7 replies
There is a ring camera system that has a job site security package as well some of my investors use for their projects do not have internet it works off cellular connection. 
Ashley Shearer Property Mgmt - First Right of Refusal Program for Maintenance?
17 January 2025 | 3 replies
.- We also negotiate a reasonable completion date, depending on the Scope Of Work (SOW). --- Who gets all the phone calls and wastes time calming a tenant down because the owner's contractor doesn't show up as scheduled after they took time off from work or a 3 day job takes 3 weeks?
Zachary Kotiadis *Using an FHA loan, can I move during the first year?*
17 January 2025 | 9 replies
However, I have found trails of information on the internet and FHA-type websites indicating if you relocate due to work, that you are not bound by the 1-year rule once you begin at your new place of employment.
Joy Daniels What Marketing Strategies Have Helped You Increase Occupancy Rates for Your STRs?
25 January 2025 | 8 replies
I tried FB ads, and got some inquiries but no bookings.It would be nice to have an AI program that would respond to people looking for a certain sized property in your location for certain dates.
Hemal Adani Anyone has invested with Open door capital? How was your experience?
22 February 2025 | 109 replies
Of course I dont know if he taps into satellite internet and is still involved but he has had a ton of incredible adventures the last year from what I saw. 
Kayla Elliott What is the best loan strategy for this buy and hold?
30 January 2025 | 8 replies
I can have an agreement where I make payments to my mom starting at a further date and just not put a lien on the house.