James Hiddle
Flip Men on Spike TV
19 December 2011 | 86 replies
From what I can tell, those people are only problems once- because after they get burned, they're not coming back again.More importantly for our show, we're trying to demonstrate that what you guys do takes a lot of knowledge and a lot of skill- it also takes guts.
Jason S.
Lead Paint. RRP, EPA, Authoritative Source
23 November 2011 | 8 replies
As far as I know anyone that wants to burn an 8 hour work day sitting in a class where they could learn everything in 60-90 minutes can be certified.
Ron Robin
2 or 3 bedroom
22 February 2012 | 13 replies
Many people get burned on this in our area where we buy.
Jason Kim
Setting Up LLC Under Different State
23 December 2019 | 51 replies
My biggest concern is lack of knowledge and getting burned by it.
Joseph M.
5% Returns (In Stock Market) Will Be 'Upper Echelon' for Years: Gross
8 December 2011 | 21 replies
Churn em and burn em!!
Michelle Marty
Negotiating rent?
5 December 2011 | 6 replies
Just a few weeks ago he accepted a job promotion out of state.
Antonio Bodley
I have sellers out of state but no buyers.
8 January 2012 | 23 replies
Antonio, In this country of what 350million plus people, if your gonna let 1 person, 1 jack off who messed you around dictate how you do business in total, man your in for a rough ride my friend and you might as well be punching in on a time clock somewhere because I do not think not 1 investor in Bigger Pockets, not any of the big boys, little guys, founders or members can make the claim that there deals have ALWAYS worked out, that they have not been burned on a deal or two, everyone who does deals has.
Joel Owens
Owner Finance with property insurance problem
16 March 2012 | 14 replies
Okay here goes...........So on one of my apartment buildings I owner financed with a seller I was added as an additional insured.The seller checked with the insurance company weeks before we closed and they gave their blessing.Now the policy is coming back up for renewal in March of 2012.The owner of the property insurance company is now up in arms saying his employee didn't give the seller the correct info and that unless the seller shows ownership he can't renew the policy in March.The reason he said is insurers do not like to see additional insured because they think someone will commit arson and burn them down and make a claim.These buildings are 30 years old and it's hard to find another policy that is not very expensive for them because the policy was written and renewed each year before they hit the 30 year mark.Many new insurance companies won't touch a building that old unless all wiring,plumbing,roofs,etc. have been replaced so their will not be many claims written when they underwrite the policy.If the insurance gets cancelled in March then the underlying mortgage company would be notified which we don't want to happen.The seller has talked to her attorney (not the closing one) and have mentioned something about titling the property back to the seller but have an agreement stating I still have ownership in the property.I am not comfortable with that solution at all especially after all the work and money I have put into turning these properties around.The other option the seller mentioned is cashing her out of the 2 buildings early coming due in March for the insurance policy and then the other buildings don't renew until end of the year 2012.I am open to suggestions.Per the agreement I have years before I have to cash out the balloon note.
Harry Campbell
Need advice on multi-partner investment deal!
4 December 2011 | 7 replies
The promoter says there is a passive loss that you can use to offset other income.
Aaron R.
Californian Newbee ready for action
13 February 2012 | 14 replies
As far as I know it is against the forum rules to directly promote deals on the other forums (non dealmaking forums) ..but perhaps once you find someone that might be interested in what you have to offer, you can private message them , or they will private message you.