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Results (10,000+)
Account Closed Due On Sale Being Called!!
13 January 2025 | 41 replies
Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal level Learn 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 needed Know 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.
Steve K. Anyone Else Fed Up With Loan Servicing Companies?
8 January 2025 | 33 replies
This is a highly regulated activity by the CFPB.
Scott K. STR insurance - Proper alternatives?
8 January 2025 | 13 replies
Many times, hosts think the company or broker provided a STR policy just to find out when a claim is made there was a little sentence in the fine print that stated any STR activities canceled the policy out.
Thomas Youngman Property Investment in Portugal
19 January 2025 | 269 replies
This seems like the most active Portugal string.
Mustafa Shaikh RAD Diversified Review — It Wasn't Pretty
19 January 2025 | 147 replies
While RAD also concentrates on areas of Texas, Idaho, California, and Florida for its growing portfolio of rental properties, according to the January offering circular, Philadelphia has been its primary locus of activity.
Edreco Amos Looking to get my first long term rental property | How is Miami's market?
29 January 2025 | 23 replies
This is what I am encountering, in the current Mortgage Industry.If you think you will go FHA, Conventional, FHA 203k, etc. and then Quit Claim the property, to a LLC, or a Land Trust you run the risk of the lender discovering a Title Transfer occurred and activating the "Acceleration Clause" or "Due on Sale Clause" that requires the loan to be paid in full, within 'x' number of days.
Duncan Forbes Would like Suggestions on Foreclosure Buying
11 January 2025 | 31 replies
Once you think there is no law pertaining to the activity then the work begins this is a belly to belly business your not going to do this on E mail and text messaging .. you will need to be able to sit down with these folks or it will never happen.
Ken M. How To Know If Your Flip Might Be Successful
7 January 2025 | 2 replies
Are hard money lenders active in the area.
Michael Plaks EXPLAINED: How to find a CPA focused on real estate
9 January 2025 | 20 replies
The majority of our expertise comes from experience and having a specific book of real-estate clients who are involved in a wide variety of activities.
Melvin Lamont Evans Does the brrrr method work for multifamily
26 December 2024 | 3 replies
In some areas, purchase prices and value add opportunities align well with BRRRR, while in others the margins might be tighter.NOI plaus a big role in success, esepically with MF, so increasing rents and reducing expenses are key.