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Results (10,000+)
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.
Ashley Mierez What are investors looking for from wholesalers?
7 January 2025 | 7 replies
I usually try to get 10k but sometimes its not possible and I would prefer to make something and give the investor a good deal rather than make nothing trying to move a bad deal.
James Jones New Investor Scaling Through Care Homes and Assisted Living
20 January 2025 | 10 replies
It can work really well or really bad
Alex Silang Mass deportations: will it affect rental markets?
22 January 2025 | 61 replies
I'm optimistic bad ones will be deported.3.
Jonathan Greene If You Are Asking These Questions About Your STR, You Are Already Failing
4 January 2025 | 26 replies
I suspect these hosts are buying off bad reviews.
Anthony Simeone Gainesville STR Market
22 January 2025 | 12 replies
Maybe not as bad if not in a beach town?
Noah McPherson Long Winter Vacancies
22 January 2025 | 12 replies
It is better to have a vacant unit than a bad tenant. 
Felicia Jenkins House rent or not outside Atlanta
21 January 2025 | 15 replies
., AirBnB) as it will expose your property to bad actors.Law enforcement and the legal system seem to operate quite slowly out there.
Alex Messner Purchasing first home (with debt)
16 January 2025 | 10 replies
If you think you can manage a mortgage, taxes, insurance and the upkeep of a home while paying your student loans then buying is not  bad idea but if you think you will overstretch yourself renting is nto bad either.