Hard Money Bankers - 2 Questions To Ask Your Lender
Friday, March 18
If you are calling a hard money lender for the first time or trying to find a new one, there are two crucial questions and answers you should take away from the discussion. Most people call me and never ask these questions. You need to know ' Will you close on time every single time' and 'How d...
Hard Money Bankers - Spotting Tire Kickers and How To Avoid Them
Thursday, March 17
A lot of new investors in the business need to be careful to not listen to tire kickers or pseudo investors. Both can be dangerous in their own right. A tire kicker giving information to a new investor is the blind leading the blind or even worse. A new investor who is willing to put up their ...
Hard Money Bankers - Marketing In Real Estate
Wednesday, March 16
Marketing in real estate is not like marketing that most people think of. We are not in the business of SuperBowl advertising or national commercials. Most of us are 'backyard' marketers. This is a homegrown marketing concept. People have to be in tune with their community and industry locall...
Hard Money Bankers - The Power Of Networking
Tuesday, March 15
Networking events in real estate have always been around. Everyone seems to be there with a different agenda. It is very important to determine your intentions for going to a networking event before going. You need to do this in order to get the most out of your time. You will find that 90% o...
Hard Money Bankers - Construction In Real Estate Investing
Monday, March 14
Many people underestimate the value of knowing and executing on construction in real estate investing. It is not the fun part of investing, but it certainly is an area that can make or break a flip or buy/hold . Knowing your contractor, how to structure a draw schedule and properly executing th...
Hard Money Bankers - Credit and Hard Money
Friday, March 11
This is a topic that needs to be addressed as many people call and ask about how their credit relates to them being able to do deals. My answer normally is , 'I have done loans with people from a 500 - 800 score'. When dealing with an asset based lender, the property itself should represent 90%...