Nathan Harden
Expanding to Akron, looking for advice
17 January 2025 | 21 replies
Akron is a very blue city and are not very landlord friendly - source of income protections, etc...
Aeon Jones
Joining the Vodyssey Mastermind group for REI in STRs
8 January 2025 | 7 replies
They claim to charge in the "high 4 figures" - one web source says it's $4800 - to join their group and get access to their network and resources.
Christina Hall
Best skip tracing website?
18 January 2025 | 32 replies
Check out traceestate.com I have been using them and the sourcing company that they incorporated for the last few years.
Henry Clark
Belize 25 acres Teak
4 January 2025 | 28 replies
We have to order six months ahead from our Mennonite source and put a deposit down
Darien Hernandez
Private Lenders: What Returns Do You Expect on 1st Lien Owner-Financed Deals?
16 January 2025 | 5 replies
I'm looking for a new source of investors who are in the business of funding these deals.
Claratisha Davis
Experienced Property Manager Seeking Partnership for Ownership Growth
19 January 2025 | 5 replies
Yes, so far as I’m experienced in working with general contractors as well as sourcing vendors.
Jason Baker
Wholesaling Market in Miami
12 January 2025 | 8 replies
Go direct to seller, learn to source your own deals and you will be successful
James Anderson
How Do Investors and Agents Build Off-Market Deal Partnerships?
6 January 2025 | 2 replies
The agents I have worked with have not really been a source of off market deals but that doesn't mean that it can't happen.
Kris Tohovitis
Multifamily investing advice
8 January 2025 | 9 replies
Real estate investing has been a passion of mine for time with my mother also having invested early on where I likely have gotten the love and desire to follow similar foot steps.I have taken last 6 months to educate myself and currently own a single family home as primary residence and would like to expand to multi family properties (2-4 units) for additional stream of income, not to mention potential tax benefits for long-term investing.Based on current living situation, I have a fair amount of equity established in my primary residency along with having enough cash to either pay off house completely or use towards investing in a multi family property.Given that I'm the sole source of income for our household with my wife being the home maker for our two kids under 2, trying to weigh out risks with getting started now or perhaps waiting.
Ken M.
Creative Financing and Some Things To Know
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.