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EP 144: Are Subject To Deals Safe? - William Tingle
Manage episode 431280680 series 2502115
Today, on this episode of The Sub2Deals Podcast, we explain some misconceptions about the "safety" of sub2 deals.
Most deals, including subject to deals, are safe...until they aren't.
When a deal goes bad, many times it is due to things that are just beyond our control. It is easy for some GURU to tell you that if you use a trust to hold title, us an LLC as the beneficial interest of that trust, "paper" the deal properly, have reserves on hand, etc...your sub2 deals will be "safe".
The REAL truth of the matter is, there are so many variables out of our control that NO deal is ever 100% safe. Subject to deals, with their added elements of difficulty and special situations, are more prone to problems. Problems from investor stupidity and carelessness, problems from tenants, sellers, buyers, attorneys, and more.
Today we will discuss things you don't usually hear about and how you can be harmed even if you do everything right according to the "experts".
What You Will Learn:
* What are the most common ways a sub2 can go wrong? * What can you do to protect yourself? * Is there any way to make a subject to deal, or any deal, totally safe and risk free?
Mentioned in This Episode
Just Getting Started & on a Budget? Get the BEST Deal on Creative Finance & Sub2 Coaching on the PLANET! http://www.7dollarcoaching.com
Want to Take Your Investing to the MAX? Take a look at Sub2MAX! Our Premium Group Coaching with William! Learn more and join us at: http://www.Sub2MAX.com
Looking for the Absolute BEST Sub2 & Creative Financing Training on the PLANET? Check out https://www.Sub2University.com
147 afleveringen
Manage episode 431280680 series 2502115
Today, on this episode of The Sub2Deals Podcast, we explain some misconceptions about the "safety" of sub2 deals.
Most deals, including subject to deals, are safe...until they aren't.
When a deal goes bad, many times it is due to things that are just beyond our control. It is easy for some GURU to tell you that if you use a trust to hold title, us an LLC as the beneficial interest of that trust, "paper" the deal properly, have reserves on hand, etc...your sub2 deals will be "safe".
The REAL truth of the matter is, there are so many variables out of our control that NO deal is ever 100% safe. Subject to deals, with their added elements of difficulty and special situations, are more prone to problems. Problems from investor stupidity and carelessness, problems from tenants, sellers, buyers, attorneys, and more.
Today we will discuss things you don't usually hear about and how you can be harmed even if you do everything right according to the "experts".
What You Will Learn:
* What are the most common ways a sub2 can go wrong? * What can you do to protect yourself? * Is there any way to make a subject to deal, or any deal, totally safe and risk free?
Mentioned in This Episode
Just Getting Started & on a Budget? Get the BEST Deal on Creative Finance & Sub2 Coaching on the PLANET! http://www.7dollarcoaching.com
Want to Take Your Investing to the MAX? Take a look at Sub2MAX! Our Premium Group Coaching with William! Learn more and join us at: http://www.Sub2MAX.com
Looking for the Absolute BEST Sub2 & Creative Financing Training on the PLANET? Check out https://www.Sub2University.com
147 afleveringen
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