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14 January 2025 | 17 replies
Most people are not rich there, look at the cars.
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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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14 January 2025 | 8 replies
Any individual PM (not associated with companies) who can handle 3 doors in Jax and Citrus Spings, fL
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13 January 2025 | 2 replies
Seems like there are a lot of individuals in this boat - especially in my sons line of work - which is lighting and tech for special events and music tours.
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15 January 2025 | 8 replies
we did this a lot pre 07 in that year Oregon WA and then CA made laws that had lots of teeth about dealing with those in foreclosure.. so we just stopped doing it risk was not worth it.I cant see how an individual can do this really..
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9 January 2025 | 2 replies
@Ilia Zakharav, There's no problem in selling individual units and 1031 exchanging them as individuals.
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9 January 2025 | 43 replies
Is this the starter or individual plan from invelo being offered with bigger pockets pro?
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13 January 2025 | 12 replies
Personally, I airbnb half of my house, individual rooms, and stay nearly 100% booked.
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9 February 2025 | 173 replies
Rich people have to invest somewhere, and there are a smattering of “elite” locations that are to their liking, including SF.
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5 February 2025 | 38 replies
Concealed Involvement of Barred Individual: Ron Fossum is barred by the SEC for a similar, $20-million-dollar financial fraud and his involvement in Norada Capital Management is concealed.4.