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24 January 2025 | 1 reply
I was wondering if anyone knew how I can connect with or market to investors who specifically purchase land/ lots?
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15 January 2025 | 5 replies
. 😉 Lack of investment capital (money) ought never be the obstacle because if the deal is right, the money will always appear.Then, you’ll need great data sources both for identifying opportunities and confirming the facts.
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6 February 2025 | 12 replies
Set a specific goal, then work towards it.1.
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21 January 2025 | 40 replies
But, you'll need to get with an REI-savvy bookkeeper/firm to help you set it up since it's not an REI-specific software.
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29 January 2025 | 11 replies
I scoured craigslist, the web and facebook for people to do very specific tasks.
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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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3 February 2025 | 8 replies
Focus on a specialty/niche whether waterfront, multifamily, vacation props or even just a specific neighborhood to be THE expert.
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3 February 2025 | 7 replies
And are you suggesting to do a DSCR loan for any strategy or a specific one?
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6 February 2025 | 4 replies
If you’re interested in exchanging further insights on best practices or have specific questions about structuring a VA program, feel free to send me a private message.Good luck with ramping up your direct-to-seller leads!
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25 January 2025 | 5 replies
To clarify, I didn’t invest in a “fund,” but rather purchased a note for a specific fix-and-flip project.