Hard Money Bankers - Mailer Marketing
Friday, March 11
Many people have a lot of questions about mailer marketing. I can tell you 100% from experience that they work. People usually miss the boat with mailers because they do 1 round of mailings, get a few calls and say it doesn't work. Mailers are about consistency and repetition. You want a good...
Hard Money Bankers - Determine If You Should Hold Or Flip
Thursday, March 10
Many people call asking if they should flip or hold a property when deciding to do a deal. Sometimes they ask me what they should do. My first thought is that they should already know that and that they don't know their area well enough if they don't have a well planned exit strategy. A good i...
Hard Money Bankers - The 50% Rule
Wednesday, March 09
This is a good rule of thumb for anyone looking to buy and hold properties. This is a simple calculation to determine the possibility of positive cash flow on the property you are looking to buy and hold. Many people disregard the hidden expenses that add up. By using the 50% rule , it gives a...
Hard Money Bankers - MLS vs Free Services
Tuesday, March 08
Very frequently I receive phone calls from people looking to purchase properties and are in need of funding. I always ask them how they determined the resale value. I can't tell you how many people mention they used one of the free popular services to determine the value of the property. I am ...