Not sure how CA works but keep in mind that in NJ if the other heirs don't want to deal,the one heir can step up as Administrator and take over the estate on behalf of the others.

And, I would not use any administrator just because someone has not heard any complaints or assumes others have done research on them.I have a basic SDIRA with IRA Services in San Carlos, CA (no checkbook access) and I use them frequently for real deals I do all the time.

Maybe you already do that which is why you sell so many properties.Chris I would not buy a property you are correct.Not because I do not think you or your company is credible.It is because I live in Georgia and not California or New York etc. and deals are plentiful here especially since I am a commercial broker with a vast network of property owners to find deals.So I can spend years in my own back yard cultivating awesome returns but I understand why buyers in other areas where margins are super low would look to other states for yield margins.Right now I am going after more apartments in my area and really hyper focusing on that.I do not want to own houses spread out all over the place.It is just not my investment niche I like or am comfortable with.I do think your site looks credible and look forward to seeing the new site.All the best.

Okay hard money pros...Scenario:-A fully licensed real estate (deeds...not money) broker in California wishes to make hard money loans at very high interest rates in trade for aggregating money sources for fix-and-flippers and providing the fund apparatus where they can pool investors' money-The broker/lender inserts a choice of law provision in the contract stating that the laws of California apply-The broker/lender loans on projects in other statesI read in other posts that people have received advice from attorneys stating that the choice of law provision somehow "imports" the rules of Cali and allows one to lend at usurious rates.

I wanted to finance and make it a "Lonnie Deal," but cash is king (advertised at $5500 cash.

I am in Southern California, I currently work for a RE Developer and going nowhere fast.

I want to buy and hold, and get positive cash flow each month.listed price is 129,0003 units gross income is $2300 a monthproperty tax - estimate is 1612 per yearhazard insur - estimate 1200 a year location is Stockton, Ca built in 1977does this seem like a good deal ?

Appreciation seems very unlikely to me in California for a while.

In California there are many ways to drag out the sale per the CAR (California Association of Realtors) form.

In this market, I’ve lost count of how many CA owners have lost apartment complexes, after buying at the top of the market a few years ago.