Here's some verbiage from their site:You're making a purchase if you're paying for:Services: to pay for a service someone provides, like a mechanic.Goods: to pay for goods other than ones you purchase on eBay.There is no fee to send money for a purchase.Friends and Family You're making a personal payment if you're sending money for :A gift: to send money as a gift, like for a birthday.Payment owed: to pay your friend back for your share of a dinner bill, or for another item that your friend bought for you.Cash advance: payment not involving the purchase of goods or services.

That pile of cash you've got can go a long way when taking experienced investors out to lunch/dinner/coffee.

I come home, cook dinner, and work on real estate from seven or eight o'clock at night until ten to midnight.

Hi Jason,Just some random thoughts on this to bring your knowledge up a little.Everyone is different in how they do this--sometimes the lender will dictate certain amounts for certain things.Some people ride motorcycles without a helmet, some always wear seat belts.It also depends on how deep you pockets are, a Policeman owning the same SFH as a Brain Surgeon might want to have more set aside just in case.Some make a CAPEX, list for their guesstimates of CAPEX outlays based on the HUD guidelines in years of service life remaining for each item.But in (for instance) areas of high winds, things like roofing replacements and insurance reimbursements complicate this.You need to budget for turn cost, and wear and tear also, (re: wear and tear; carpet physically wears out over time, vs. renter spilling red paint on it--where you would charge that to the renters security deposit).The costs in the future will either come from the renter or come from YOU, vacancies, wear and tear, equipment failures, etc...The ones that will come from you, need to be budgeted for--unless you have deep pockets and the amounts seem frivolous to your expendable income and you believe you can just cover them easily.Some people can afford to buy their secretary a new car for her birthday, some have their families huddling around the table eating one can of cold beans for dinner--Ole' one can of beans might not be able to meet the financial needs of CAPEX when it comes due unless he sets it all aside ahead of time.Good Luck!

Plus the food is delicious.  

Offer them lunch, dinner, or something else so that you are creating a “win-win“ for their time and opinion.

Willing to buy dinner to pick your brain : )  - About to embark on my first 10-14 unit multifamily investment in Long Beach California and I've always been a big advocate of talking to experienced professionals to learn lessons and got'cha's prior so looking for local investors. please reach out!

I plan on using the calculators to do some research and present my work to  my wife this weekend over dinner.

We travel, take daily walks together, attend church, assist at the Phoenix mission, garden, hike, keep up on the latest issues, have lunches and dinners with friends, attend family events and sit and stare at the stars.

It also came with a delicious chocolate chip cookie, and a bag of chips.