Archive
Why we use private money lenders What I’m about to tell you may come as a shock, but I have only applied for a mortgage through a bank one time in my life… and I was denied. To make that fact more interesting, you should know that it happened in February of 2020. I have to tell you I was little surprised myself. It happened as Ashley and I were expecting baby No. 3 and were looking...
What exactly do you do? I have to confess that I’m guilty of something. I don’t do a lot of self promotion. Here is a case in point: This particular column marks the beginning of my sixth year writing this weekly article about real estate investing and then posting it to my blog. Yet I have friends and family who have no idea that I do it. I just don’t broadcast it. Self promotion...
A great reason to have assets I was talking with a friend recently who was going through a tough time. You see, my friend had had some medical complications that had caused her to have multiple surgeries over the past few years. (By multiple I mean 10 plus.) To make a long story short, every time the surgeon would go in to fix the problem, it weakened the adjacent area, which it would...
Deeds tell a story I was talking to an investor recently that was having a hard time telling the difference between a warranty deed and a security deed. This confusion is not uncommon for investors that mainly buy houses using cash or traditional financing because the attorneys handle all the deed and paperwork. But this investor was in the middle of buying a subject-to deal. And with...
Buying out-of-state property We are selling a house right now, and it’s not a normal situation for us. It’s not a flip or a rental property. Instead, it’s the house my Grandmother owned until she passed in 2013. There are some people who are cool with buying and owning property all over the world and back. But that idea is scary to me. I like having properties I can lay eyes on...