Tim Owensby on January 27th, 2010

Yesterday, I was on the phone with a private investor. They are one of several who were tentatively interested in a fund we were putting together for 2010. Then things changed and we decided to put the fund on hold. But, I stay in touch with those who showed interest, because we will put the [...]

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Continue reading about Get Documents With ORIGINAL Signatures!

Tim Owensby on September 15th, 2009

Whenever I talk with someone about them finding and using private money they have a pretty predictable set of questions.

Where do I find the investors?
How do I get them interested?
What paperwork do I need?
How do I stay clear of regulatory problems?

By and large, most of their questions fall easily into those categories.
Do you notice anything [...]

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Continue reading about Overcoming the Biggest Obstacle of Private Money

Tim Owensby on May 11th, 2009

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Continue reading about Podcast Episode One – May 11, 2009

In an earlier post, I wrote about a testimonial Chris received from a Field Guide for Real Estate Investors member about his Private Money materials on the Field Guide. I mentioned REITactics is releasing his materials in a new eBook titled, The Smart Investor’s Guide to Raising and Using Private Money. This is the first [...]

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Continue reading about Pricing Chris Moore’s eBook on Raising Private Money

As the publisher and owner of REITactics I am almost hyper sensitive about honesty, integrity, transparency and accountability. I always like to under-promise and over-deliver with everything we do. That is true whether we are talking about training, like the Apprenticeship Program, printed and eBooks, the Field Guide for Real Estate Investors, my own investing [...]

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Continue reading about Interesting Testimonial for Chris Moore’s New eBook

Tim Owensby on March 26th, 2009

The second half of it was an open discussion on finding, vetting and tracking private lenders as relationships are developed.
I demonstrated the software we use to do that and opened a Pandora’s box. The conversation turned from managing the relationship with private lenders to “How can I get my hands on THAT software?”
I promised them [...]

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Continue reading about The Second Private Money Session Went VERY Well

Tim Owensby on March 25th, 2009

The first of the three sessions went well. We covered the basics and left the attendees with an assignment to do today before the next session tonight.
However, one of the attendees was looking for something other than what I was covering. During the question and answer session, he spoke up and asked when we would [...]

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Continue reading about The Private Money Session Went Well Last Night

Tim Owensby on February 26th, 2009

The Helping Families Save Their Homes Act, is going to choke new lending for homeowners and small investors alike.
Why? How could something designed to help these homeowners turn out to do more harm than good?
I am glad you asked.
This bill allows a bankruptcy judge to reduce the principle owed on a mortgage. At first blush [...]

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Continue reading about Further Threat to Real Estate Lending

Tim Owensby on February 10th, 2009

Twenty years ago all the guru types were screaming, “just take over the payments!” Yeah, I know they still do but as buying subject to the existing financing gets more difficult more and more of them started talking about using private money.
There are tons of home study courses and seminars and boot camps from gurus [...]

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Continue reading about The Achilles Heal of Private Money

Tim Owensby on January 21st, 2009

Yesterday, I received an email asking me if it was too late to line up private money sources and take advantage of the current market. My reply was, lining up sources of private money is a good thing no matter what the market conditions are. It takes time to get everything setup and in place. [...]

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Continue reading about Is It Too Late?