BEWARE: Direct Commercial Funding Inc (Houston)ny requires you to sign notarized papers that you’re not allowed to sue them or leave any negative reviews or else you’ll be sued in court yet they retain the right to sue you.I can make no claims about the legitimacy of their business, you will have to make your own conclusions based on publicly available evidenceLuckily i pulled out of the deal in time thats why you can’t find any bad reviews for Direct Commercial Finding aka Calvin Blake.The same day i withdrew my application Calvin had his lawyer send me a demand letter and threaten to sue me.DO YOU WANT TO RISK GIVING MONEY TO A COMPANY THAT MIGHT SUE YOU?

I tell them within 48 hours I need the retainer to hold it but they always take longer because they are out of town or whatever.

(there are more, I intentionally left out the rest, which are mostly related to sales)However it also states:(a)  Subdivision (b) of Section 10131 does not apply to (1) the manager of a hotel, motel, auto and trailer park, to the resident manager of an apartment building, apartment complex, or court, or to the employees of that manager, or (2) any person or entity, including a person employed by a real estate broker, who, on behalf of another or others, solicits or arranges, or accepts reservations or money, or both, for transient occupancies described in paragraphs (1) and (2) of subdivision (b) of Section 1940 of the Civil Code , in a dwelling unit in a common interest development, as defined in Section 4100 of the Civil Code , in a dwelling unit in an apartment building or complex, or in a single-family home, or (3) any person other than the resident manager or employees of that manager, performing the following functions, who is the employee of the property management firm retained to manage a residential apartment building or complex or court and who is performing under the supervision and control of a broker of record who is an employee of that property management firm or a salesperson licensed to the broker who meets certain minimum requirements as specified in a regulation issued by the commissioner:(A) Showing rental units and common areas to prospective tenants.

By keeping your properties in good condition, you can attract and retain high-quality tenants and decrease vacancies.🌍 Regular maintenance can help you meet local laws and regulations.

Bill used to have the original borrower retain 10% interest in the land trust so you could honestly say the original borrower was still an owner. 

April filing costs about $300 one time fee per year.Costs are per form submitted which seems fair to me.I have never signed a retainer agreement.

Not sure Will, but there is no doubt as to why the lawyer is needed to be on retainer!!!!!!!!!!

I'll post more event details on the Abilene Real Estate Investing Network Facebook group (with which I have no affiliation) next week so everyone can RSVP more easily and we can all see who is planning to be there.Last time, we talked about our current projects and strategies for investment and deal financing, student loan payoff techniques using RE, tax/liability strategy ideas, common struggles and market observations, and flips gone wrong.

Here are my observations.1)  Don't count on an agent to catch things.  

By going this route you’re able to take some Promote off the table but retain the performing assets.Jumping straight to the open-end fund will force you to prematurely have to deal with things like valuation of assets, fluctuating unit prices, redemption rights, etc.