8 June 2020 | 6 replies
Here are some high levels bullets:- my now-wife purchased a condo in April 2016.
9 June 2020 | 8 replies
Putting all that in perspective means that we should all buy as much as humanly possible at an appropriate risk adjusted based levels, imo.
10 June 2020 | 6 replies
A lot of the books and conferences are mostly "what is a note and why invest in notes" level info.I hate to say it but the best ways to get started are:- Get coaching / mentoring from someone- Do a JV and reverse engineer what the person is doing- Buy performing notes and start learning with something easy- Buy a cheaper NPN and learn by doingIf you have a specific question myself and several others here can probably answer it.
7 June 2020 | 14 replies
There's just a high-level of perceived risk for regular buyers.Most people looking for owner financing are investors, and they typically won't pay top dollar for a home.
9 June 2020 | 4 replies
This ruggedly goodlooking dude is correct.Sure learn all you want, but prejustifying a failure by writing it off as a learning experience is just not a very wise thing to do.Yes look at the comparables, and now you know the upper limit of the reno finishes.Then don't just reno it to that level.
22 June 2020 | 5 replies
What's your level of experience with investing?
24 October 2020 | 18 replies
Trying to see if there are opportunities in an up and coming area where prices are relatively low and has appreciation upside.The duplex I am going to look at requires some low-level rehab, but I've never done that before so I am approaching it with caution.
6 June 2020 | 1 reply
Decreased demand for starter homesFirst-time home-buyers will feel the effects of the mortgage rule changes the most, as they must now reach a higher level of financial health.
9 June 2020 | 8 replies
Like you said, I think some investors do tend to walk away from some of these (I'm sure I have as well), but a couple of my best pickups have been taking a second and third look at what initially had seemed to be a "bad" deal, finding little pieces that added value in my book, or finding a way to negotiate to a level that makes the deal "good".
11 June 2020 | 4 replies
At the Federal level, Section 4024 of the CARES Act prohibits "legal action to recover possession of the covered dwelling from the tenant for nonpayment of rent or other fees or charges" or the charging of "fees, penalties, or other charges to the tenant related to such nonpayment of rent" on covered properties (which is essentially any property tied in any way to the Federal government: i.e. a mortgage backed by FHA, VA, or sold on the secondary market to Fannie/Freddie, receiving Section 8, etc etc).