John Malone
Are you aware of the new Corporate Transparency Act Coming in 2024 (every LLC)
31 December 2024 | 22 replies
I just told my investor friend who has LLCs about the Corporate Transparency Act.
Constance Kang
My Experience of Rich Dad/Elite Legacy Event Scam
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.
Wade Wisner
Are fix-n-flips still a good investment in north Florida?
21 December 2024 | 10 replies
Focus on undervalued neighborhoods with potential for appreciation and partner with an investor-friendly realtor who knows the area.
Steve K.
Due On Sale Clause About to Become More Common?
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.
Sanat Bhandari
Investor-friendly Banks in Burlington, IA
5 December 2024 | 7 replies
Does anyone have a recommendation for an investor-friendly bank(s) in Burlington?
Peter W.
Housing Hacking with Second Home Mortgages
20 December 2024 | 5 replies
A friend of mine, Sarah, and her husband bought a second home near her family in Phoenix, lived there for a few months each year, and rented it out as an MTR the rest of the time.
Scott MacComb
Contract with general contractor on house flip
31 December 2024 | 13 replies
Generally I would recommend using a contract that comes recommended by a friend or fellow real estate investor.
Stuart Bartle
Ready to invest in first property rental
18 December 2024 | 24 replies
I would say our government’s a little more friendly and hands off but the Californians a certainly changing that.
Lodewijk Hof
Australia
23 December 2024 | 15 replies
I have a few e-mail addresses of new Aussie friends and gave the BP site to many.
Blake Dailey
I Bought A 130 Unit Hotel and Resort!!
1 January 2025 | 36 replies
I have a good developer friend in the area who has a similar type property I should connect you with if you don't know him.