As you progress as an active real estate investor, developer or passive investor, it becomes more apparent that some of the gurus you looked up to in the beginning are not as they appear. I too discovered this as I have trained, advised, and consulted with some of the ‘top speakers’ in the industry.

It’s important for me to not use the word “investor” because many that I have worked with privately are not profitable investors. Others were not actively closing transactions until they became well-known as a guru on the seminar circuit.  Read more... (180 words, 1 image, estimated 43 secs reading time)

REIA President and her partner fined $10,000 for failure to respond to her private lending practices. Here’s a practice that happens at every Real Estate Investor Association (REIA). One player is cruising the crowd to seek out a private lending partner while the private lenders are seeking out potential investors needing short-term funding. It’s not really new and it happens across the nation every monthly REIA meeting.

So what’s the problem?  Read more... (804 words, 1 image, estimated 3:13 mins reading time)

Private lending in Ohio is dying fast. Commissioner Andrea L. Seidt of the Ohio Securities Division and her team have progressively taken aim at real estate investors that are selling promissory notes, trust deeds, LLC membership units and other items that are deemed securities.

Since 2006, the OH Securities Division has focused on companies advertising real estate securities. Their goal is to stop companies from selling unregistered securities and to protect Ohio residents from those companies that are not in compliance.  Read more... (748 words, 2 images, estimated 3:0 mins reading time)