hi,my name is dave atchison,i moved to phoenix az from fargo north dakota,when i was 19 years old. that was december of 1979,i have seen the town go from 1 to 4 million in those 36 years. i am soon to be 56 years old,married 35 years,2 grown daughters who are nurses,maybe be a grandpa some day.i got into real estate investing kind of by accident. i was 20 when i bought my first home,as the apartment i was living in had bugs, and i could not get them to leave,so i left. i bought my first house in 1980,i had to sell my paid off car to get the 3k down payment,then i paid cash for a $500 rambler car..lol bugs and a rambler..2 years later the home was worth 40k more than i paid for it,my payment was same as my old rent. i got married and my wifes job was on the other side of town,i felt so much pride of ownership for the home,i kept it and rented it out in 1985,and we bought a nicer home more centrally located. now i have 8  paid off single family homes,and 2 paid off condos. the condos are 150k  range,the homes 225-275k. phoenix is a boom or bust town,so when we moved to our next house,had kids and out grew it, we were in a recession,so i would have lost the 30k we saved to put down and remodel it,so came  the second rental. i have been lucky we have been able to live off one income  in our marriage, and invest the second income in real estate and mutual funds. and i always worked a job and a half to earn more. i would flip homes,condos,raw commercial land years 1995-2005 also,and invest those in more rental homes. the crash of 2008 saw us buy more rental properties at 50 cents on the dollar. i think residential  real estate is  just 1 safe place to put your money,mutual funds,and your own business being other good places. i have 30 years landlord experience,and 25 years commercial building  experience. it would be nice to develop ,and build and run, a 30-40 unit a rated apartment complex. i have the experience now,and i have never had a problem in 35 years leasing out any of my places. in the recessions of 1990 and 2008, i did have to lower rents $100 per place, for 2 years,and take tenants with lower credit scores. i have only had 1 eviction in 35 years of being a landlord. i got in to real estate by accident,but stayed in as it became a passion,the properties almost take on a life of thier own ,and speak to me,to tell me to take care of them cause thier worth it,if they are in a nice area,i never invest in an area i would not live myself. i am big on real estate being free and clear,as my places have been for 5 years now. even being free and clear and managing them myself, i only average about 11-12% returns,i dont count appreciation,only cash flow.. i tried to post a pic 3 x but it wont work?

Requirement of a private lender is 1. they are related to you, blood or marriage, or 2. you personally know the lender and have past business dealings. or 3. you have been introduced to the lender who has past dealings with a business partner of yours.

(This is why I think they hire underwriters from the unemployment line next to the trailer park... never heard of marriage, apparently, and it takes 5 business days to contemplate the concept that a woman might get married and change her last name)Yup... no.

You can't underestimate the importance of reputation, but people sometimes deserve second  chances.My advice would be the same if this question was asked about something you did wrong at work, in a marriage, or anything else.Start small, never ever do anything to cause doubt, be consistent and patient in repairing your reputation.

I had to part ways with my ex girlfriend of two years (almost resulted in marriage) because our financial goals are completely worlds apart.

I wonder if anyone else is in my situation: my properties are in areas that appeal to a demographic that tend to have short tenures -young professionals in their 20's.It has been my experience that usually within 2 or 3 years young professionals will have a reason to leave 2-bedroom apartments: marriage, relocation or baby.I definitely do things that keep my tenants happy.

Don't like gay marriage -- well, how can you argue that it's a threat to our national security (yes, I've heard people say this).

When this situation comes up without a marriage, ie: “hey my gf wants to move in!”

Here's the best sources and discussions I've found discussing the issue and laying out ways of getting around this clause:- Bill Bronchick - "There is no Due on Sale Jail"- CRE University - "How to beat the due on sale clause"- Robert Bruss - "The six pillars of assumption"- Richmond Law Review -"The due-on-sale clause: A marriage gone sour - a checklist for the practitioner" This one is an actual published law review, but it's old. 

Nothing wrong with planning ahead, but marriage should be a partnership.