
9 April 2021 | 10 replies
If I solicit a partner(s) or investors who are passive, then I am subject to securities laws, although there are exemptions that I may be able to use to avoid registration or notification.It’s the “in between” stuff that is subject to interpretation.

26 January 2023 | 14 replies
good luck with that, download the guide from the state at this page, and you may interpret.

16 January 2023 | 29 replies
Subjective interpretation of the policy.

23 January 2023 | 19 replies
Perhaps I interpreted the qualification verbiage wrong but it sounded like it was a new requirement by some kind of law and it just meant new requirement by that specific lender.

2 November 2020 | 10 replies
Krohn's claim in the video is to find investors who match his father-in-law's financial profile and leverage all of their assets including their credit to buy more properties.Some interesting things to note: his goal is not to own all of the properties that he acquires, he simply wants to control them for a little while and have tenants own the homes; he seems to have a negative bias against 401(K), stocks, bonds, mutual funds, and other investments; he does emphasize having an end goal, being financially prepared (being able to qualify for conventional loans meaning have your debt-to-income as low as possible or lower than 43%), and having an investment strategy before beginning to invest in real estate; he has multiple businesses that are real estate-related (realtor company, mortgage company as well as other businesses); in his book, he mentions having fulfillment and purpose with the wealth created through real estate such as giving to charities, making donations, and supporting causes that matter to you (I think he also has some sort of mentoring and life coach programs); in his book, he states his program is not a get-rich-scheme nor does his program tries to seek the highest profits rather he favors safe, reliable, and predictable (those are his adjectives, not mine; I would interpret those words loosely) income.I think my friend bought the $1500 course but has not gone through the material yet.In another thread about Mr.

15 September 2022 | 7 replies
I find a lot of people just assume that since they inherently trust their friend/family member, a lot of the "what ifs" and worst-case scenarios are not hammered out in fine detail which can lead to confusion and personal interpretation after the deal is closed, which it should have been addressed pre-emptively before the money was lent out.

28 December 2012 | 8 replies
Looking at a four-plex as my first multifamily venture. I have the rent roll and expenses for the past three years and have a question about an item in the expenses column. It's entitled "Inv. Fixed Asset" and is one ...

9 October 2020 | 10 replies
If it's a number close to $5000 I would recommend still pursuing small claims, getting a judgement and then filing a lien against the lease signer(s).Now, if it's an amount considerably over $5000 (open to interpretation/one's opinion) and you're fine with spending the money then the lawyer route is the way to go though I would ask the lawyer about his/her cost of putting a lien on the tenant(s).Be sure to ask what the collection lawyers success% is in getting the money, his/her fees, if they can attempt to collect without a judgement, etc.

8 March 2022 | 0 replies
How do I interpret this difference?

3 February 2023 | 8 replies
Since Texas is a community property state, if you're married they will have to go on title at the time of closing.Putting your primary residence title in a LLC could complicate further mortgage transactions on it while you live in it as your primary residence while it is mortgaged, for instance if you want to refinance it, you may need to switch it back to your name prior to starting the refinance transaction, which could make you ineligible for the refinance due to vesting rules and lender interpretation.