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15 December 2024 | 7 replies
It would be a direct sale with no brokers involved.
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17 December 2024 | 42 replies
I have never heard of any NAR agreement for agents to be involved with notes, that is far from the truth.
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9 December 2024 | 10 replies
I joined BiggerPockets specifically to address this and to build relationships with people from diverse backgrounds and locations.
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7 December 2024 | 20 replies
With Canton, Akron, Youngstown, and Cleveland all within 45 minutes of each other it’s a pretty big and diverse area.
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16 December 2024 | 21 replies
Although the cleaner is probably the most important piece to the puzzle for your STR success, there is alot more involved with managing it.
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16 December 2024 | 11 replies
Out of state investing involves too many moving parts.
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19 December 2024 | 55 replies
At first I looked at this as possibly just a failed investment where millions of unaccredited investors lost money (still very bad for everyone involved), but after learning about the involvement of Ronald Fossum that has a convicted history of defrauding investors and the fact that Norada is still raising money from investors, my mind now goes immediately to possible Ponzi Scheme paying past investors current funds being raised.
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15 December 2024 | 10 replies
In the cities the government got involved in housing and low income housing was built for poor people.
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17 December 2024 | 36 replies
The primary form of diligence we see on the forums is "what do you think of XYZ sponsor and deal" whereas the common form of diligence in the space by institutional investors, large investment groups, family offices, and sophisticated investors involves following the sponsor for years, underwriting the deals, validating rent comps, background checks on the general partners, and a host of other diligence that materially de-risks the investments.
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13 December 2024 | 2 replies
Alternatives to ConsiderIf you want to involve an entity for liability protection or other reasons, here are some potential approaches:Assume in Personal Name and Transfer to Entity:Assume the loan in your personal name and later transfer the property title to an entity.Important: Transferring title may violate the loan’s due-on-sale clause unless explicitly allowed by the lender.