13 January 2025 | 41 replies
Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal level Learn 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 needed Know 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.
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31 December 2024 | 7 replies
The forum is very responsive and you will likely get a response very quickly from the members here.
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4 January 2025 | 18 replies
Ever try to get consistent responses from a doctor or attorney, even a CPA?
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2 January 2025 | 3 replies
The lease agreement is quite vague and doesn’t outline responsibilities clearly.
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13 January 2025 | 45 replies
Hey@Shawn McCormick and@Jose Rodriguez thanks for the responses!
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5 January 2025 | 17 replies
Couple of notes based on comments you made in response to others:1.
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10 January 2025 | 21 replies
Hey @Brian Rocha I’ve been reading through your posts and responses—lots of great insights here!
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8 January 2025 | 14 replies
This is a bit more involved, but as you scale, it is something you should consider.In response to your second question, I would say "yes" to allowing pets.
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3 January 2025 | 8 replies
I would explain to them your process of handling requests, response times, property inspections, and so on.
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2 January 2025 | 4 replies
Appreciate the response!