Administrator

Wow!

Don, this was posted a loooong time ago. We don’t advocate any of that any more and I can pretty well assure you that if you do it, you will have one hell of a time getting title insurance on the property when it comes out of the trust.

I do not like the words “short-sale” “foreclosure bail-out” or any of that crap…’hurts too much when…[Read more]

Scott,

Good to see your back (‘beats looking at your face…’oh never mind…’too old and corny…’not you, the feeble attempt at 50 year-old jocularity for a 50 year old jockey.

And, Scott, regarding your riding that little pony to the bank, when you saddle up ol’ Skippy and your bags are drooping and more than he can handle,send them this way…[Read more]

Jim,

Yep I’m saying that. We keep a list of people who our members tell us are clients of theirs who may try to step around them (its the initial input form on the Create a Trust data base). If you’re doing a deal, the idea is to get the preliminary information into as soon as possible. I.e., we don’t care how many trusts you start and don’t…[Read more]

Just put out signs with an average monthly payment for the properties in your area. Typical Sign you see on this board, No Down, No Bank Qual. etc. when they call tell them the house in question is gone but you come across properties constantly. Then find out:

1. How much they have?
2. What they want?
3. How soon they need it?

Then go and get it!!

sorry Alan thought my email was on my profile

efraz98@yahoo.com

Alan,

Could you send me that clip please?

Thanks,

Elvin

I really hope Tom decides to go after that reporter for defamation. I watched that load of crap piece of supposed journalism, and wondered why they chose to single out EHC especially since during the story they show the court documents naming 6 defendants. Why no mention of Beforeclosures, Investar Holdings/Enterprises, or Development Management…[Read more]

“I have deals in Riverside Co, San Diego Co, San Bernardino. For complete list go: http://www.box.net/public/l4e8uj8pn3#main Under deals. I need R.B. I can workout compensation. For helping me out. Thank you, Amigos. Sebastian 619-243-4664″

“Well said, Jim. Yo entiendes, Mendes. Sebastian, I heard you got another movitated seller in Temecula Area. 100K in equity? Is he walking away from this much equity? A todos: “”Salud, Tiempo y Dinero”" Wishing you “” Prosperity”" “” Good Health”" and “” Time”" to enjoy it all.”

I may have a couple friend may be interested. Please call me at 619-243-4664 O Sebastian

“Bill, I am still trying to figure out how to make best use of my time. So far, I’ve done little; However, Either I am tapping into a under-served my market (Hispanic and Latino) OR YOUR SYSTEM IS JUST PLAIN GENIUS!!! Becase my calls are getting returned. And now I am sitting on lots of CA, MIDWEST AND EAST-COAST leads. In fact, I have too many…[Read more]

This should be fixed. Problem occurred because some people entered websites with the HTTP prefix, and others did not. Those who did not, we’re getting local links instead of remote ones.

John I will take a crack at your questions and I know more experienced NARS members will chime in.To question 1 I believe the max # of properties is four you can vest into a simple trust.#2-My view is there will obviously be a higher liability in placing 4 properties into a trust . I believe in separation since each property has a different…[Read more]

Bill,Thanks for your information on that and unforunately I have not heard from this indivudual who requested about land trusts in Canada.I did, however forward that message to him .Thank again for the prompt reply..Colvegas

Soft&fuzzy,I’d say the trust term is like having an open escrow and the contingency fund is like a reserve account but the 3 rd party entity being the trustee is similar from my take as a escrow officer in that both are impartial, unbiased in the handing your transaction.So I would think your assertion is correct.I like the idea of a contingency…[Read more]

Augur,I can understand your confusion in the wording

Joe,I have a question regarding Sal’s input on the SB and the RB beneficiary being one and the same.What if the SB defaults on payments as the RB in the trust agreement it would seem a conflicting dual role to be done that way. If you can that is interesting to say the least. How would one address the RB missing payments..??

Sal,Thanks for your reply and I will look to do that or check the website for the workshop.I feel i know you guys already and I agree since I have been on numerous R/E boards and it is true that there are some negative attitudes encountered there.I notice that all the downsides of creative real estate investng are not reflected in the posts here…[Read more]