Hard Money Lenders, Private Lenders, Terminology. Part 2.
Wednesday, August 26
Part 1 of this article discussed the term Hard Money and some characteristics of Hard Money Loans. This article will discuss the terms Hard Money Lenders and Private Money Lenders.Hard Money Lenders. These are companies or individuals who are in the business of lending money and they must le...
Hard Money, Terminology and Explanations. Part 1.
Tuesday, August 25
This article will discuss the term Hard Money and some characteristics of Hard Money Loans.Hard Money. This term is misused frequently in posts and blogs on this site and on other social media sites. Many people claim to be seeking it but their posts show that they misunderstand the basic me...
A Lose Lose Deal May Be Fairer Than a Win Win Deal.
Monday, July 20
We have all read countless articles extolling the virtues of the win win deal, the win win win deal or the win for everyone. (It is often referred to as a win win for everyone but that is not grammatically correct.) The argument is that a deal where both sides feel they won is much preferabl...
Did Your Last Contact Make Your Next Deal More or Less Likely?
Sunday, July 12
Have you considered whether you came closer to making a deal or doing business with the last person you contacted when you last contacted them? I think, all too often, we don’t take the time to consider the consequences of our last contact. I certainly resemble that remark. Sometimes we thi...
I Burned My House To The Ground.
Monday, June 15
I purchased this house at an auction. The owner had died and the house was auctioned by the estate. The house was in good condition. It was located across the street from an elementary school. The large lot backs to a stream. The house had some functional obsolescence. There were 4 bedrooms ...
It Isn’t All About You.
Wednesday, April 22
You’ve seen the posts: inexperienced investor seeking mentor. Does not want to spend anything for the training. I have seen them go as far as specifying that they are only available on certain days of the week, at certain times, so they expect the mentor to conform to their schedule. The me...