Communication and Negotiation: What are the best practices for communication and negotiation when dealing with investment properties?

Being successful in real estate investing is no easy thing – it's not just about mastering facts; it demands a toll on physical, emotional, and philosophical levels.

@Cynthia LeiteMost crm’s can do this, you need to create tags for each group of people and communicate based on the tags

Hi Jessenia,I've been in the game for quite some time and have many battle scars to prove it lolMy best advice would be to always look at a worst case scenario and start from that.By starting with a worst case scenario you will be able to quicker eliminate markets that aren't a good fit.I don't know much about NY but personally, I wouldn't invest in any market that takes 6 months or even worse longer to evict.Worst case scenario for example = Tenant doesn't pay rent and trashes the property.I would want to be able to evict, fix and re-tenant as quickly as possible.Time is money and I want to keep moving forward and not deal with financial and emotional drag.There are many markets nation wide that are landlord friendly.My business is based on Ohio and there is no mercy for non payment of rent.Eviction usually takes 6 weeks max and although I never want to evict, being able to do so quickly minimizes risk of that investment.Thanks 

I got "lost in emotion"  & bidded it up and up and (thank God) lost.

Recognize being the GC is work, requires strong organization skills (especially with tight timelines), decent communication skills, and design skills.I have acted as GC many times and have done well on these rehabs but I recently completed a large rehab (completed mid May).  

They have mandated emotional support animals and have questioned landlords denying felons.

To be honest (as a business owner myself) I have been surprised by the professionalism and communication skills of these lenders. 

I've personally communicated with the inspectors, and they are aware of how the tenant is trying to manipulate the situation.

The VA would need training on ins and outs, policies on your leasing, maintenance and all other items in order to properly handle, communicate with your tenants and prospect tenants.