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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.
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6 February 2025 | 12 replies
Natural disasters can devastate your property and the surrounding community, leading to job losses and the closure of shops and businesses.
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15 January 2025 | 10 replies
@Jorge Vazquez we stopped doing signs over 10 years ago.We had a separate phone number on our signs, so were able to track traffic & applications from them.We were getting more & BETTER leads from our online ads then the signs - so an easy choice to stop using them (also time & money savings).
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9 January 2025 | 11 replies
I lead our DST due diligence within our RIA, and what you are experiencing is unfortunate and rare if you have the right sponsor.
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4 February 2025 | 2 replies
This could affect markets relying on new chip plants, green energy projects, or other manufacturing, leading to increased vacancies and fewer workers.Conversely, markets with well-established job centers will be better insulated.
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12 January 2025 | 8 replies
The reason so many people struggle with wholesaling is simple: they don’t understand lead generation.Take a moment to think about your approach.
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19 January 2025 | 147 replies
“I’m literally the nation’s leading expert in tax liens and tax deeds,” he boasts in one installment.
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9 January 2025 | 5 replies
Looking to bolster my off market lead flow.
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7 February 2025 | 2 replies
So beware of these (and other forthcoming) dog whistles, they will lead you astray, fighting imaginary ghosts.