John Locke

John Locke

"John ""Cash"" Locke is a private real estate investor specializing in Subject To investing; which lead to his authoring the training manual, Subject To ""that's what I do"", as well as his e-book, Big Bucks Bird Dogging. His background ranges from co-ownership of radio and television stations, which encompassed advertising, marketing and sales as well as many avenues in between. Real estate investing has allowed John ""Cash"" Locke to spend more time with his family and friends not allowed in the daily grind while working for someone else. He feels any person with the correct knowledge and willing to apply this knowledge can become a successful creative real estate investor. His personal commitment to each of his students is to see them become successful as well. This is why he feels it is important that they can contact him via e-mail, fax or personal phone call in order to advise and direct them. No question is unimportant to him."

    John Locke's Articles

    • Subject To Investing for the Beginner

      Where the term ‘Subject To’ came from is a mystery to me. Whoever thought of this method of investing should be immortalized in the Real Estate Investing Hall of Fame, should there ever be one.When you purchase a property ‘Subject To’ the existing loan stays in your seller’s name. In other words, the seller leaves his current loan on his property in place and makes it available for you and then your buyers’ use. You become the owner of the property when the seller signs the Grant Bargain & Sale Deed or other State specific device to transfer property.You usually…

    • North Carolina Real Estate Commission Answers

      (Immediately below is an email sent to John Cash Locke from the NCREC in response to related forum postings on TCI)”While not mentioned by name, some of my activities have been commented upon in “NC AG Troubles” and another thread posted below that.Due to ethical considerations on commenting about pending litigation and investigations, I am unable to fully respond and address both the misconceptions and valid concerns expressed in some of the communications posted.I would welcome a call from Mr. Locke to discuss the legal principles involved, what is clearly recognized as legitimate activity on one’s own advertisement account, and…

    • If I Could, Would You?

      In doing some research I found some interesting facts, for instance, do you know what Winston Churchill, King George VI, cartoonist Al Capp, performers Tommy Smothers, Bob Newhart, Jimmy Stewart, James Earl Jones, George Burns, Anthony Quinn, and Marilyn Monroe, Annie Glenn (wife of astronaut John Glenn), TV journalist John Stossel, basketball player and NBC commentator Bill Walton, as well as singers Jane Froman, Carly Simon, Mel Tillis all have in common?You probably guessed by now they were all stutterers. Well I think that the new person who is hesitating to make his first call on a motivated seller does…

    • Hiring A Real Estate Attorney

      Hiring a real estate attorney for your team is one of the most important decisions to consider when first becoming involved in real estate investing. The right Attorney will keep you on tract and lessen your liability in your real estate investments. I would not and did not start investing until all my paperwork was state-specific, meaning it was not some generic paperwork offered in an office supply store.I subscribe to Lexis to do my real estate law research. Since I do sell a real estate investing course, it is important to me in keeping knowledgeable of the latest court…

    • Finding Motivated Sellers and Buyers At The Airport

      If you are thinking about moving to Las Vegas bringing ‘cash’ (not me I am already here) keeps our town green.Las Vegas may be the greatest Creative Real Estate market known in the entire creative investing kingdom. 5,000 people go out every month, 5,000 people come in every month.Those house owners that roll the dice, or pull the handles sometimes get in trouble, are what I refer to as ‘motivated sellers’. On the other hand those that do win and have the ‘Cash’ to purchase homes are ‘motivated buyers’.When I left the Marine Corps my first job while waiting for…

    • An Investors Opinion About Real Estate Attorneys

      ALWAYS use an attorney when getting started in real estate investing. When I first started in REI, I realized houses are easy to purchase and homes are easy to sell. I have purchased houses with no equity, houses with $100,000 equity and houses with equity everywhere in between.Before I purchased my first property I went to the top real estate ettorney in my state and had her prepare all the documents required to legally purchase and sell properties to protect both the buyer and the seller. Then I took this paperwork to several escrow companies (title companies) and had them…

    • Advanced Subject To Investing

      It is often said that Real Estate is the basis of all wealth. To be a successful private investor has been the dream of many people over the years.We see the infomercials on television showing big yachts, beautiful homes, sometimes even a private jet and always smiling people toasting each other with a glass of wine (usually in Hawaii!).Who wouldn’t want to be part of the ‘financially secure’ set?So Why Have So Many of Us Failed?You might have bought one course or many more. You obviously have been on the Internet and watched the many posts on various message boards.…

    • Using Ping Pong Balls to Market A Real Estate Investment

      Back in about 1963 the market in Las Vegas was overbuilt with new homes. The builders were going crazy trying to figure out how to sell these new houses. Terms were being used like: the market is flat, the economy is in the toilet and the housing market bubble has burst. A lot like some of the stories you read from some of the investors in certain areas of the country. As hard as the builders tried there seemed no way to sell any houses. This looked like the perfect opportunity for a creative real estate investor. I went to…

    • Free Corvette With Purchase!

      I used ‘U-Haul’ money to purchase a really great house ‘Subject To’. It was 4bd, 3ba, 3 car garage, 2 fireplaces, tile roof, 1/3 acre lot house and only one year new. I guess the buzzword is it was a ‘Pretty House’. However as with any house I only give the seller a small sum for their equity, then it is ‘Gorgeous’ to me forget about ‘Pretty’. The time period was December a few years ago. Those that remember it was very slow for home sales. It was the 15th of the month close to Christmas and I had only…

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