Investor Legal Update & Finding Your Real Estate Niche: American IRA, a national provider of self-directed IRAs announces this February 16th event hosted by Metrolina REIA. In the wake of the economic storm that has swept the country in recent years, new legislation has surfaced that affects the way in which we do business.
Sean McKay, Vice President of Business Development at American IRA, will have a booth at this event and will speak briefly to the attendees.
In the wake of the economic storm that has swept the country in recent years, new legislation has surfaced that affects the way in which people do business. With many of these new laws, ignorance, contrary to popular superstition; is not bliss. Understanding the new laws can help to avoid disasters like: Putting a Lease-Option tenant in a property, having them quit paying, and finding out that because there is a compliance issue with the minutia of the new regulations affecting Lease-Options (such as using the wrong font size), that rather than 45 days and a few hundred bucks to evict, the property owner is looking at a judicial foreclosure to get their property back, to the tune of 6 months and thousands of dollars in legal fees.