Just this morning, I was having yet another conversation with a fellow educator about the frustration we have with students who have the brains, education, and resources to make deals—but who, month after month, do everything BUT make deals. We discussed people who spend big bucks on courses, set up their LLCs, draft land trusts, …

What Are You Waiting For? Get Started, Already… Read more »

Note: laws and regulations regarding the advertising, registering, and formalization of private loans vary enormously state-to-state. Generally, these rules apply to the borrower rather than the lender, but even lenders should be aware of what the laws in your state say about these transactions. Of course, this article is not intended as legal, accounting, or …

IC Elesson: The Most Important Thing You’ll Ever Read About Being a Private Lender Read more »

Just this morning, I was having yet another conversation with a fellow educator about the frustration we have with students who have the brains, education, and resources to make deals—but who, month after month, do everything BUT make deals. We discussed people who spend big bucks on courses, set up their LLCs, draft land trusts, …

What Are You Waiting For? Get Started, Already… Read more »

As listed inventory throughout the U.S. continues to shrink, I’m getting this question more and more often: “What do I do when I make an offer on a property, and I’m told that we’re in a multiple offer situation and I’m asked for my highest and best offer?” A “multiple offer” situation is exactly what …

IC Elesson: What to do in a “Multiple Offer Situation” Read more »

If you don’t understand what’s funny about this line of thought, look again, because you may have the same problem. The investor is so focused on what the INVESTOR wants that he apparently hasn’t even bothered to find out what the SELLER’S story is. In fact, it’s a BIG PROBLEM when  we get so focused …

IC Elesson: Are You Out of Your Mind? You’d Better Be, if You Want to Get Deals. Read more »