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17 January 2025 | 11 replies
It would help the forum (and the responses) if you could provide a little more context.
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9 January 2025 | 4 replies
I have never heard of this metric and don't see any information on it online.
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21 January 2025 | 11 replies
I kind of get excited when I see these silly laws in other states, because I know mine will pass a law to give me MORE rights as a property owner in response to that.
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16 January 2025 | 16 replies
Never had any response in the app.
17 January 2025 | 5 replies
Crooks know properties advertised for rent are vacant and easy targets.Now, if your PMC decided to do self-showings, they should have also taken responsibility for any resulting damages.
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29 January 2025 | 31 replies
Without getting into the weeds of our conversation, their response was as expected highlighting their service and ability to facilitate a loan.
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7 January 2025 | 28 replies
I do the same for my LTRs, tenants have to get their own utility accounts and they are fully responsible.
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13 January 2025 | 1 reply
My humble advice to anyone attempting to do creative finance is:Creative finance is for experienced investors who have access to capital if anything goes wrong.Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal levelLearn 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 neededKnow 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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3 January 2025 | 14 replies
I am the owner of DealMachine and take personal responsibility for making sure we communicate clearly and have issued a refund to you (the initial charge was April 2023 and it is 2025 now... sorry it took so long to see this).Direct mail is a hard cost, so when you send out direct mail, you get the first 20 free during the free trial.
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7 January 2025 | 3 replies
I know this is a differing topic on the forums, and online in general, but having the legal background/education and knowing estate planning concepts you'll realize it shouldn't be.