If you’re active in California real estate or looking to break into the market, you’ve probably heard about Senate Bill 9 (SB 9).

That is not a small thing.Banks are audited for “suspicious account activities” and a notice gets sent to the FBI.

Plus I bet the contract calls for mandatory mediation.. if the parties cant agree..

PG's are worthless those that have PGs that are worth anything dont need gap funding they have the cash.this is a play for folks you know well .. not for internet facebook BP etc.. people that do this do it because they know you like you trust you and think your a good operator.Public has to many other choices that are much safer bet.. its not always about ROI with those with money..

Some great info can be found on the PropertyInvesting.com.au forum and Somsersoft.comI use to be quite active on these forums before I moved to the US.

However, we are seeing far more activity in Nova Scotia for both investors and clients.

I am a private Monday lender and NMLS licensed ( not active) Mortgage banker so I know a little about this I started in private money in Oakland CA in 1987 and have done well over 3000 loans to various clients in 25 states and this is me personally not selling a system so others can do it..

So this is a new one for me... Listing price is at 130k and agent mentioned that the seller has wiggle room to drop the price. However, there is a mortgage on it with about 80k left, is it even worth trying to still g...

Under the same scenario, a GP with a fixed percent return would probably make the choice to sell and take profits because they would see the 20/80 decision as a bad bet. 

To leverage the STR loophole, ensure active participation in managing the property.