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7 June 2024 | 15 replies
A credible lender will be happy to provide them.Experience: Check how long the lender has been in business and their experience with similar projects.Red Flags:Upfront Fees: Be cautious of lenders asking for substantial upfront fees before any services are rendered.Lack of Transparency: If a lender is not transparent about terms, fees, or the loan process, it’s a red flag.Unrealistic Promises: Beware of lenders promising guaranteed approvals without a proper assessment or offering terms that seem too good to be true.Poor Communication: Difficulty in reaching the lender or getting clear answers can indicate potential issues down the line.By conducting thorough research and due diligence, you can confidently choose a reputable hard money lender that meets your needs.
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6 June 2024 | 2 replies
I’m confident I could rent it out for 3k.
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6 June 2024 | 8 replies
For example, it could be in an undesirable or unsafe location, overpriced relative to the market, managed by a property manager or landlord of poor repute, or be substandard in quality.Nonetheless, if you’re more confident about investing in Chattanooga, there’s no problem with that either—it’s a solid market.
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5 June 2024 | 6 replies
Effective HOA management & enforcement of rules can foster a sense of community, ensuring that properties are well-maintained.
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5 June 2024 | 9 replies
Save your money, put in 3 to 4 hours per day of study (YouTube, BP, other sites) until you are confident this is what you want to do.
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7 June 2024 | 19 replies
Once you start to get confident in the lingo and strategies, come to the forums and throw in your two cents.
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6 June 2024 | 16 replies
I think what my team was trying to say is that our properties move quickly so we sometimes don't get the pictures all loaded up prior to them selling as we have many return clients who already know what they're getting and feel confident moving forward.
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7 June 2024 | 24 replies
As they are Brad trained, I have a "sleep at night" confidence.
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5 June 2024 | 3 replies
I'm confident that I can learn from them and grow my own knowledge and skills.
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5 June 2024 | 6 replies
If you're confident in your numbers and that the property isn't going to require more to reach a $350k price point go for it.