You'll never get your best deal until you understand what the other side is dealing with. 

Share your stories, tips, and insights!

Hi all,I currently use RentRedi and am trying to deal with the following situation:- I have a bunch of prequalifications and applications in my queue- I've accepted one tenant and filled the unitMy question is, "How should I mark the others down in the software that would have passed my screening standards?"

However, they spend a ridiculous amount of time for 1-2 deals a year.

When they don't pay you evict them as a tenant rather than dealing with an ejectment which I guess can involved more nuanced arguments in court. 

Cash invested: $60 Sale price: $365,000 Sub-to deal with homeowner pre-foreclosure How did you find this deal and how did you negotiate it?

And private financing can be wise if you are a diligent investor, which it seems like you are:)*If I would have known then what I know now, I would have used my first loan to land the largest deal that I could have. 

Would love to connect and be a resource to you anyway that I can - I'm a realtor, and investor in the area and have some tips & tricks you can implement into your business and see if it helps! 

@Guifre Morai am searching for a HELOC or refi so I have some capital to take advantage of any future deals, sounds like HELOCs have been frozen, anyone have any info.

We talked about an aggressive paydown at a rate of $5k for the next 6 months to make the deal sweeter for the next person, but renting it would be preferable to that I believe since I can get a higher return on smaller development projects at a burn rate like that.