Account Closed
Corporate-guaranteed franchisee vs. corporate tenant
9 January 2022 | 4 replies
If it's a single unit remote entity even if they own 10 stores and have no personal guarantee on the lease they can bankrupt that LLC and walk away.I require tenants to have skin in the game or I do not want to do a deal as a landlord.
Ken Rishel
Poll on Chattel Lending to Consumers - Please Respond
13 June 2016 | 3 replies
Also - I'm sure this lender is familiar with Buffett's program but this structure is obviously a little different.Both Buffett's program and this theoretical program you are detailing put some of the park owner's skin in the game - but Buffett's is structured differently.
Steve Strayer
Hello! Lets connect!
3 February 2016 | 9 replies
The response when people hear how much skin I have in the game ($25k but will probably increase that this year to grab some additional growth coaching) with my education investment has been overwhelmingly positive.
Michael Aragones
Loan-to-Value vs Loan Purchase Amount
21 April 2016 | 4 replies
The idea is that you'll have 20% skin in the game.
Ted Phelps
How can you fund a wholesale deal?
1 May 2016 | 10 replies
There is a number of hard money lenders in Milwaukee, they all require that you use some of your money as well to have "skin in the game".
Account Closed
Tis The Season of Effective Marketing
10 November 2015 | 2 replies
Lol didnt want to put a skin color to Santa, everyone has there own beliefs.
Pete Perez
Discouraged First Time Flipper
3 April 2016 | 23 replies
My suggestion to you is if you have a good paying job, then start saving money, so you can have some "skin" in the game.
Jeremy Lerner
New Member from Colorado
9 March 2016 | 9 replies
Really almost everyone wants you to have some skin in the game or to have lots of padding so they don't loose money if you mess up.
Diane G.
How to be an "equity partner"?
24 January 2017 | 15 replies
You may find out you don't like the company, the process, their investment objectives, etc. and that way you have significantly less skin in the game.
Charles McMillian
When Private Lenders Attack!!!
26 January 2017 | 6 replies
If you really are looking for someone private then the best way to meet them is at REIA type meetings create a personal relationship then move forward.Other wise your wasting your time and your deals.. simply contact a very good hard money lender in your area that is real.. so you can take the deals down and make money.SOCAL is full of reputable HML and HML rates in CA for experienced folks are the cheapest in the country... 2 and 8 1 and 9 that kind of thing expect to have 25% Cash into the deal .If you have NO cash then find a cash partner.. lenders are not generally going to make loans without you having significant skin in the game...