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…
The whole purpose of the inner circle is to give you the thing that REIA meetings, home study courses, and bootcamps can’t give you: individual help with specific issues that are stopping YOU from making that first deal, or building that big business, or whatever it is you want. But in order for you to…
In my lectures about wholesaling, I often say, “Wholesalers don’t get LLCs because they need the asset protection; because of the short-term nature of our deals and the fact that our buyers are professional investors, we’re not as subject to liability as people with tenants or who sell to emotional homeowners. We get LLCs because…
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…
If you’ve ever heard me talk about marketing, you’ve probably heard me say, “Any marketing works better than no marketing at all.” And I stand behind that statement, as long as you also listen to the rest of it, which is, “But it’s worth it to do GOOD marketing, because GOOD marketing gets you a…