Lack of Funds is Just an Excuse
Tuesday, February 10
He had been solving foundation issues or constructing new foundations for his clients (mostly businesses) for decades. He liked what he did and he was good at it. He realized that houses with foundation issues were plentiful where he lived. They were cheap, very cheap, and he knew he could e...
The “No Brainer”.
Monday, February 02
Avoid clichés in your proposals. They will rarely sell the deal and have the potential to do great harm. My all-time least favorite term might be the “no brainer”. When you call your deal a “no brainer” are you saying that it is so good that it doesn’t require an investor or a lender...
Who Are You And What Do You Want?
Monday, January 26
Obviously, I participate in social media. Facebook, Linked In and, of course, Bigger Pockets. There are a lot of benefits. One is exposed to issues and opinions they might not have considered on social media sites. One has the opportunity to meet people they may not have easily met and if this le...
The “No Risk” Deal.
Tuesday, December 02
I try to be open minded when evaluating proposals but there are some hot buttons which will move a proposal toward rejection quickly. I have covered several of these topics in previous blogs. A potential borrower should not give a potential lender silly reasons to reject their proposals. ...
“I Have a Question For You…Call Me Back.”
Tuesday, November 04
“I have a question for you…call me back.” I usually receive longer variations of this voice message. Recently it was: “I know you have a lot of experience and are knowledgeable…I have a very important question that I think you could help with…call me back.” Congratulations. You have d...
Time, Money, Knowledge. What Do You Bring?
Wednesday, October 29
All real estate transactions require some combination of time, money and knowledge. However, many successful investors are relatively lacking in one of these elements or prefer not to commit one of these elements to their investments. It is possible to invest successfully if you possess on...