The Sub2Deals Show EP 026: Dealing with Dodd Frank in Real Estate Investing
Sep 30, 2019
56:18
EP 026: Dealing with Dodd-Frank in Real Estate Investing When does Dodd-Frank affect you? How can you ensure that you are protected in case you’re taken to court? Should you use trusts and mortgage loan originators? Dodd-Frank is a Federal Act that affects real estate investors like you and me. But do you need to be worried about it? And how can you ensure that you don’t get caught up in its 2000 pages of rules and regulations? Instead of trying to pour over thousands of pages of an act, I decided to invite our friend Bill Walston back onto the show. Bill has a CPA, a graduate degree in tax law combined with 30 years of experience in property investment. Bill shares the steps you need to take to ensure that you’ve done your part to protect your real estate business. He also outlines how to ensure the burden of proof doesn’t fall on you, as an investor or lender, if you’re ever taken to court under the Dodd-Frank Act. In this episode, we cover the following about the Dodd-Frank Wall Street Reform and Consumer Protection Act
- Why the law exists and what it is trying to do.
- How to know if you fall under the Act.
- What steps to take if you do fall under the Act.
- When and why buyers can take you to court, and how to be well prepared for this.