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25 September 2024 | 8 replies
If the investment was a poor one, continuing to lose money on it is...just losing more money.
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24 September 2024 | 8 replies
Anyone have any products that wlll refi these smaller loans?
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27 September 2024 | 40 replies
Honestly the high fees combined with lack of transparency and high appraisal costs, a whole month of UW (longer than normal), etc. would make me want to switch lenders right away because IME the lenders with high fees and high appraisal costs who drag their feet like this also tend to be the ones to continue delaying, have things get stuck in underwriting, say one thing while delivering another, have poor communication especially between UW and origination, bad customer service, can't close when they say they will, etc. and it can be a total nightmare.
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27 September 2024 | 11 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
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25 September 2024 | 4 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
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30 September 2024 | 25 replies
Quote from @Jason Hirko:Just to double check, because I know nothing about lending side, do you have any loan product for rehabbers where title insurance is not required?
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26 September 2024 | 5 replies
They are products of your brain trying to protect you from danger but in reality, there isn't any danger.
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30 September 2024 | 47 replies
There are always 2 sides to the story so it's nice to see when the service or product provider can show proof, etc...As you have seen with me first hand over the last few weeks.I've always believe in learning from mistakes and only blaming myself when $#@% hit's the fan.There is enough free content available online for everyone to study.You will only truly learn when you start doing.Thanks
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25 September 2024 | 4 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
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24 September 2024 | 6 replies
After well over 1000 houses it’s proved it’s worth.BUT if you think sugar coating will work sprinkle sugar all over the conversation. certainly nicey nice communication and unabashed laughter will get you elected but it won’t buy many houses. our product is money and we best not forget that. there’s a power exchange happening in every conversation and the one who blinks first fails unless winning isn’t important.