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19 August 2024 | 5 replies
Written by attorney investors, it's full of practical advice about the management of investment property, has sample forms that can be edited, and - most importantly - tells you what your primary state laws are and where you can read them.
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22 August 2024 | 7 replies
We tried to talk multiple times and calmed things down eventually.
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20 August 2024 | 2 replies
In my experience these are the levels of how financial fraud is doneLevel 1 - The “sponsor” is a fraudster from the beginning and the entire investment is a designed fraud designed to steal the investor's money Level 2 - The sponsor initially intends to operate legally and honestly but the temptation of easy access to money, usually fueled by addictions to drugs, sex, partying, etc. leads to the bad decision to line the sponsors own pocketsLevel 3 - The sponsor intends to operate legally but a crisis in their life resulting in a need for money leads the sponsor to “borrow” from investor’s funds with the full intention of paying it back ( which they are unable to do).Level 4 - The sponsor intends to operate legally but the assets under their management incur substantial loses; the sponsor attempts to cover up these loses by “temporarily” borrowing from one investor to pay another or submitting false results.
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22 August 2024 | 5 replies
@Nick SansiveroTerrific question and timely for us.
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13 August 2024 | 8 replies
I work as a full-time worship pastor and I I've flipped a few houses over the years and looking to do more deals and move into some buy and holds in the next few years.
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19 August 2024 | 13 replies
While you’re at it don't forget to set up keyword alerts for topics that interest you: http://www.biggerpockets.com/alerts If you haven't already, also check out The Beginners Guide (http://www.biggerpockets.com/real-estate-investing) and BP Podcasts (http://www.biggerpockets.com/renewsblog/category/podcast/) are packed full of great info.
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22 August 2024 | 2 replies
Also, what other platforms are people using for rental price comparisons and have you found them useful/accurate to help you rent your home in a reasonable amount of time?
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21 August 2024 | 17 replies
Well, my friend bought their first rental a couple of years ago and did a full renovation.
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22 August 2024 | 6 replies
Unless you're getting family memories and like using the place then it might be time to cut losses and move to a new investment.
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23 August 2024 | 11 replies
So far in the past 5 years, we haven't had any issues, but you're right, all is takes is one time and things can hit the fan really quick.