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Virtual Coffee Q&A – NPN as a Way to Acquire Property, Dodd Frank, Seller Financing

This morning there was a lot of conversation about non-performing notes and Dodd Frank. One of the first questions was from someone who plans to buy a lot of property and use owner financing to sell them. There are many strategies for dealing with this, and one of the things I recommended was that he […]

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Sellers With No Equity Avoid Short Sales – Landlords Become the Bank – Bob Zachmeier

Bob was back again demonstrating exactly why a lot of landlords would choose to ‘become the bank’ instead of continuing to manage a portfolio of rentals. I also got him to talk about how he positioned himself with a local radio station in such a way that he has literally created his own market there […]

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Transaction Review & Calculator Practice – Trouble Shooting a Divorce Scenario With Private Money & Land Trusts

This month I decided to bring up a situation I encountered for trouble shooting that hasn’t been resolved yet. A woman with a pending divorce needs to find a way to pay off her ex without losing control of the property. She had a nice bank 1st, a private 2nd, and about $100,000 of equity. […]

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Top Real Estate Agent Previews New Program to Help Buyers and Sellers With Owner Financing

This is life-changing. The strategies that Bob Zachmeier from Tuscon Arizona has developed are literally moving the market beyond what would normally be possible in today’s climate… he’s making great money while helping sellers, buyers and passive income investors. Watch this, along with Part II in March, and you’ll see why I’m so excited to […]

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Transaction Review & Calculator Practice – Buy With Owner Financing

This month you can see how I worked with a buyer client who was making an offer on a $3mil property and asking the seller to carry paper, offer seller financing. You can see the deal structure we contemplated to minimize property taxes, ask for below-market terms, and reduce risk for the seller.

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The Creators of the hp10bii Financial Calculator Show Us Some Inside Tips

Kevin and Kyle of InADayDevelopment created the iPhone and desktop app for the financial calculator that I love to use in my business, and for demonstration/educational purposes. In this meeting, they show us some of the cool features of the program, and some practical ways to use it in everyday life. Thanks, guys, you are […]

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Virtual Coffee Q&A – Buying a Partial of a 2nd, JV Options for Completing a Rehab, Calling Banks for NPNs

What a great way to wrap up the year, hanging on the phone with friends, old and new, talking about property and paper. There is a lot of great feedback from all of you, making the brainstorming extremely valuable. When I don’t have direct experience in something, invariably there are others on the call who […]

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Quincy Long Talks About Using Self Directed IRAs to Invest in Real Estate and Notes

Quincy is the one who finally got me to pull the trigger on setting up my first Self-Directed retirement account. I plan on buying partials and options in order to explode a small initial deposit into a respectable balance within a couple of years. But ‘prohibited transactions’ have to be avoided like the plague! Quincy […]

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Transaction Review & Calculator Practice – Discounted Note Business Helps Real Estate Buyers

If buyers understand the discounted note business, then they can close on properties without needing to have all the cash, qualifying for a bank loan, or borrowing expensive hard money. In this session, I talk about a recent client who needed to give the seller $140,000 cash, but only had $105,000 and couldn’t qualify for […]

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Virtual Coffee Q&A – Condo Deal, Land or Personal Property Trusts, Buying NPNs from Banks

Another one of my favorite times… hanging on the phone with members and non-members alike. Lynn brought up a condo deal that provided a lot of good discussion from various points of view, Ken brought up land trusts and/or personal property trusts for use in the note business, Peter, a California attorney, inquired about how […]

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