All Forum Posts by: Ronald Starusnak

Hard Money Lenders can of course lend on short term projects up to 36 months but where / who are they selling their longer term rental loans to and what's going on behind the scenes that we can't see? Can anyone shed some light on this process? It is something I do not see discussed very often. 

@Jay Hinrichs maybe you can chime in? lol

 I have used both and the costco flooring is not commercial quality and it is not better than the regular life proof. You will see the seams in the LVP flooring, that is normal. It is not intended to appear seamless. 

Send it over man

It might make more sense to invest in an area where that $700k will get you a better return. We buy duplexes from $60-$100k and rent each unit for $1,100 minimum. If you want to know more about this market feel free to shoot me a message. 

We use buildium 

Brad, before I did real estate or construction I was into marketing and branding. I did well, it is how I funded my company when I began. Branding is huge but if you're looking for more leads you aren't going to get them by telling potential clients that you're better than the next guy for whatever reason, you're not going to get more clients by charging less or charging more. You need to learn sales better. 

You need to dominate the ad market space in your area, google, facebook, instagram, realtor, and zillow. Realtor and Zillow are low performing ad buys but you need to be showing up on all of those places. If your ad says "Looking to sell your house? Send me a message!" you will fail. Share only what you've done, make the ad seem natural and talk to people like they're real human beings, return their calls immediately, follow up on your leads immediately and hire an SEO company to start pumping your website up. 

Do not make your website fancy, don't try to put MLS integration into your website, you will never compete with Zillow or Trulia. All you need is a fast loading, simple landing page that ranks well locally. SEO will take 1+ years to see good results. I use this guy -https://www.sarkarseo.com/mont... 

Even if you don't use him, look at how fast his website loads, look how he has a pop up immediately to collect your information, everything is clear and well presented. No one cares about you, they care about themselves and they want immediate gratification and instant results. You not only need to sell their house, you need to sell yourself and be genuine when doing it.  If you say "Dude" or "cuss" a lot, don't try to filter it out. If you say "uhm" a lot or are afraid of having silence, then you definitely need to eliminate that though lol. People like those who are genuine and they don't want to feel like they're in a marketing trick. 

Use a hard money loan. I keep getting spam from The Loan Guys, where they claim they don't look at your income and only at the performance of the property. 

Construction & Property Management lol

I never use self leveler. Use LUAN board, sometimes two layers of it. The buckling people are seeing is usually from installing too tight to the wall. You need a gap at the walls. 

Your purchase price, rehab, and known fees should not exceed 50% of the ARV on your first deal. Don't take the un-needed risk. If you go over or your rehab is more, you'll be stuck.