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25 December 2024 | 8 replies
Those rentals debt serviced and also covered my California monthly rent (I know some of you may question paying someone else's mortgage) but at that time, I preferred the renting lifestyle which placed me much closer to work, my family, my clients, and friends.
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17 December 2024 | 9 replies
It's the perfect rental for my friend.
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24 December 2024 | 23 replies
But that doesn’t mean that you can’t find them with some good old-fashioned shoe leather.By far the best way to find great syndicators to invest with is to get recommendations from friends and colleagues who are already investing.
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19 December 2024 | 8 replies
I'd love to learn more about your focus as an investor-friendly agent.
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21 December 2024 | 7 replies
Since you're selling the business and real estate to a partner/friend you will have some flexibility in value determination.
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31 December 2024 | 22 replies
I just told my investor friend who has LLCs about the Corporate Transparency Act.
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14 December 2024 | 101 replies
Last I heard from a friend of a Guru, greater than 95% of those pay $40K plus for these plans, never even open the materials.
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12 January 2025 | 185 replies
In my almost 20 years of doing Subject 2's and working with other investors in almost every State in the US, in the very few instances the Due on Sale is called it is because if the inexperience of the Investor in not knowing how the transaction is to be done, (not closing with a Title Company or Attorney, not doing the Insurance correctly)Most of all, (not communicating with the seller) Bank calls the Seller to offer them Life Insurance or some other service, and the seller tells them, "I don't own that house any longer, some guy took that house from me and put some renter in it"If you dig into any investor that tells you they had a property or a friend of their brother in laws Collage roommate that had the Due on Sale clause called, you will most likely find that the investor screwed up somewhere.This is why Education and knowledge is needed on any Real Estate transaction.I get calls almost everyday from someone who screwed up on a Subject 2 and is asking to be bailed out, many times they do not want to pay for help, and things just get worse.If you know how to make the Bank Comfortable with the transaction, all is good.Last year I had a couple of hedge fund managers call me asking how they can offer their under preforming loans to Investors to by Subject 2, wow what a great deal, I could call Pace and he would have buyers the same day for a 1,000 homes, but the legal aspect of this would hold the Hedge fund liable so we could not do a deal.
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21 December 2024 | 10 replies
Focus on undervalued neighborhoods with potential for appreciation and partner with an investor-friendly realtor who knows the area.
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5 December 2024 | 7 replies
Does anyone have a recommendation for an investor-friendly bank(s) in Burlington?