The following non-recourse language is listed: The obligations of Borrower under this Note are NON-RECOURSE, and in the event of default by Borrower under the Note or other loan documents, lender will look solely to the collateral securing payment of this Note for repayment of the indebtedness owed by Borrower. 6.

We are looking for some local REI meet ups, meetings and social events.

Lots of great connections all over but we also have a very strong and active contingent here in MA on here so make sure to find them (Set up some keyword alerts to find out about local topics) and get connected.Besides doing that on here make sure to get out to some of the many local investor events we have.

I run the monthly DFW meetup the last Weds. of every month in Bedford at 7:00 location is usually Boomer Jacks or Spring Creek BBQ.  

posted on her other morris thread.. yes another Morris nightmare and out and out fraud in my mind.. this is really a Rico act event i would be looking that way if I was a lawyer and morris has made millions he is a prime target.. not all people are worth suing but this guy from all appearances would be a good bet. there are no ethics in wholesaling .. as we know most are not licensed so its just Caveat Emptar  to the 3rd power

You are buying the education, not the community.  20% of the community will do deals and be great contacts and they will insist you have the full Xtreme combo ($20,000) because they want to know you have the same access to info that they do before they will partner with you on deals.  80% of the community knows the same or less than you do and are basically beginners and hopefully they will do deals eventually.  50% of the community events are set up to teach real estate investing, and half are set up to teach you how to sell other people the real estate education. 

Now, you quickly realize you are never going to make it to the end without sinking, but you "rationalize" the wind (rent increases) will help, the current (appreciation) will help, or some other future event you have no control over (????)

You need enough money to cover all your expenses for 6 months in the event you lose your job.

When these events happen, they get a lot of media attention, much more than if it was happening at home, as the media loves these stories.

It does cost more but int the event of a fire you will be glad you did.