I'm an investor new to the note side, and keep hearing "Dodd Frank". I understand that this relates to federal law passed in the last few years under the guise of "helping the consumer".It may be way too complex to a...
Would you ever use the "subject to" method to get a buy and hold property if you had to pay full retail for the house? I've watched several of my neighbor's houses sit for 6 months or a year with a for sale sign in th...
My wife and I just completed our second BRRRR on our fourth rental property: a SFH in Fayetteville, NC. Here are the details:Purchase Price: ~$55,000Rehab: ~$10,000Rent: $925Appraised ARV: $125,000 Cash Out Refi: ~$90...
What is the best way to structure rent credits on lease option deals? I understand that there may be dodd-frank issues there, but how does one create incentive for the Tenant/Buyer to where they are somehow chippin...
Hypothetically, which would you rather have?A 401K worth $500,000, currently invested in index funds, but easy to convert to other securities or cash. Or10 single family homes worth $1,000,000 with $700k worth of mort...
I have all the invoices and copies of every check I wrote him and every penny is accounted for. He still thinks I owe him another $4,000 but refuses to show me an invoice for that money. Now he is going to file a lien...
I'm purchasing my first multi-family and plan to have a property manager oversee the property. He's requesting 10% monthly fee. What services should I expect from him for this 10% monthly fee?
We have a potential off market deal with a neighbor coming up.They have an STR next to one of ours (both perform well). They just moved out of the area and are thinking about selling. I’m wondering, since we’ve been p...
Potential buyer is looking at a commercial property with poor trailing performance, so it will not qualify for a new loan. It is mortgaged. The seller is willing to be creative, but not do anything that might trigge...
These are fatal errors. An investor who chronically makes these mistakes will not long be an investor.
The common mistakes made by experienced investors are a bit more subtle, but are perhaps even more damaging becau...