I work with investors who have never been to Indiana, and I do my best to keep them in the loop, but nothing beats coming out and seeing what you are buying.Great post Lee,If I can also add that there are too many horror stories around with out of state and country investors pulling the trigger to soon and getting screwed over by shady operators with their pressure sale tactics and gimmicks.Trust is built over time and not over one phone call or meeting.Spend that time in building a relationships with whoever your looking at doing business with and conducting your due diligence.Most operators are very transactional and if they can't make a quick dollar, you will find that their communication level will drop as enough time passes.

Failing to make sure it is all correct and you correctly conduct marketing and sales can cause you liability which can be fairly costly.Good luck.

So simply getting a licensee to negotiate the loan may not always be compliant if they do not conduct the work properly under the licensed company.In California:As a salesperson, once your employment with a properly licensed MLO real estate broker is terminated, your MLO status will be changed from active to inactive and you will have to obtain a MLO license from the DBO in order to continue to work for a CRMLA or CFLL company.

Most HOA's have some pretty stiff fines they can impose, they can conduct inspections that might not make you happy.  

If the net ROI from rental investing is superior to conventional alternatives, and you have comfort with this type of investing, then you are probably putting your IRA capital in the right place.In actuality, flipping in an IRA may not be as beneficial as you imagine, because this is considered a trade or business activity, and if conducted on a regular or repeated basis, is going to generate tax exposure for the IRA.  

(Meaning, you might as well follow accepted accounting practices).Or, you can trust me, I'm not selling you any program, I don't partner or conduct any RE business with anyone here, I'm simply passing on my experience.

You also have general practice, if not required in your state, that at the time of sale, the "caller" or "yeller" or the Trustee conducting the sale begins by giving notice verbally of know lien holders, be that so or not by calling the sale, they will announce the lien holder and the lien foreclosed upon.  

One of seven penalties imposed by the U.K.’s Financial Conduct Authority, Lloyds faces a $218 MM fine for misconduct and alleged manipulation of LIBOR.

Hello All,I am new to commercial RE investing and would like to ask for a piece of advice regarding how to perform an initial marketing research toward purchasing an office building in a different state (I am in NY an...

At this time, I plan to conduct the property management tasks and my husband will be handling the legal aspects (he is a practicing attorney in MN.)