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10 February 2025 | 29 replies
Some investors received a note this week saying he filed for Chapter 7 bankruptcy.He also has a new eviction on his record after refusing to leave a property he was renting.Even after multiple formal complaints to the RE board about his fraudulent activity, he somehow still has his license and active home listings.Posting this update so hopefully anyone looking to work with him, now or in the future, can see the type of person he is.
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21 January 2025 | 6 replies
I tend to over research, which is one of the reasons I love notes.
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20 January 2025 | 7 replies
MattIRA can pay down 30k on the 100k and now owes 70k and has a note for 170k.
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19 February 2025 | 266 replies
It seems like the court was quite aggressive on some of those notes.
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24 January 2025 | 5 replies
As I've come to terms with this I have taken the last five months to regroup and really think about the future which brings me to my post and what I'd like to get the communities opinion on.I successfully negotiated and acquired one of my duplexes in 2017 that I nearly have paid off (note balance is $54k, property value $230k).
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20 January 2025 | 1 reply
These marketers would have the novice investor believe that the narrow focused “education” they provide combined with the “holy grail” formula (wholesaling, subject to, flipping, lease option, discounted note purchase, etc.) is most, if not all, anyone needs to become “independent” and successful, usually by month 12.
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16 January 2025 | 12 replies
When filing the LLC return, it is important to ensure that these liabilities are accurately reflected on the balance sheet.However, it's essential to note that distributing the refinance proceeds among LLC members could potentially be viewed as a taxable event if there is no intent to repay these amounts to the LLC.
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19 January 2025 | 46 replies
These initiatives exist in both Italy and Spain but are not meant to compete with developed areas like the Costa del Sol.That said, it’s important to note that I know the Costa del Sol very well, as my parents are from the region.
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31 January 2025 | 20 replies
We could even, if the story were to be of interest to the community, send a reporter to take notes in the courtroom.So far, we have not had the opportunity to cover such a story.
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7 February 2025 | 13 replies
I’d open a new note on my iPhone and start asking them questions about their home, which I made up on the spot.