Amery F.
Wholesaling in Illinois
Hi there, just took the leap of faith and dove into wholesaling, then to my dismay found out yesterday our governor made Wholesaling Illegal in Illinois, curious from more experienced wholesalers, maybe even in this m...
Karina Villamar
Rent to Own strategy
How did you purchase your first rent-to-own property? What strategy did you use?
Pavan Sandhu
More people than listed on the lease agreement
One of my rental units is occupied by 2 tenants. At first I was only aware of 1 tenant but later discovered another room mate. The tenant fessed up and apologized a few times. It was my fault I didn't do an inspection...
Burt L.
Tenant Puts Me In Very Bad Position After Partial Restraining Order & I Serve Notice
Last month I received a call from another landlord, asking for a referral on my long-term tenants. I was certain it was for both tenants as they've always been a couple and was happy to provide a good reference as th...
Abel Curiel
Controversial Real Estate HACKS: Queens, Long Island & Brooklyn
Dear "Real-Estate Hacker Enthusiasts",I know your time is valuable, so I will get right to point! I need your advice.I am putting the finishing touches on a new book."How To Win In Real-Estate As A Millenial"Bottom l...
Frank Y.
To lend money out as LLC or individual?
Hi, everybody, we are private lenders. in the past, we have been lending out using our individual names as lenders as well as our LLC as lender. Now I have a new lender (who just started) asked me what are the pro and...
Sean H.
Issues with using Non-Accredited private investors
I am speaking with my attorney who is helping me setup the proper documentation for use with private investors. She is suggesting that I do not deal with non-accredited investors because if something should happen to...
Chris C.
Time to Face Federal Compliance Issues of Mobile Home Lending
If you are interested in mobile home lending as I am then it is time to face the facts that we cannot continue business as usual. The Safe Act only woke me up to the myriad of laws that we should be complying with an...
Kevin C.
OMG!!! My RE Agent says it is illegal to market a property you don't own!
WTH!
While working a potential offer on a property, a suggestion to my agent prompted this response from him:
[i]
While it sounds like a good idea the law prohibits the marketing of properties for sale or lease unle...
Account Closed
Short Sale Investing in States with Anti-Short Sale Laws
Hi Everyone,
I live in Oregon and we're one of 14 states that has foreclosure consultancy laws. I've been told by my title company that I can't perform investor short sale transactions due to these laws.
Verbiage i...