I see why they say, never go into business with family.

I typically don't comment on other's businesses unless I know from personal experience.

Real estate loans to owner occupied properties where the business of the owner is closed down - or SHOULD be, and the owner needs some time to sell the property.  

*I'm a property manager, not an owner, so I do have a 3rd account for business expenses as required here in Oregon.There are a plethora of software/apps out there for managing properties and funds.

Lau, generally if you are financing with a commercial lender- we lend for business purpose only and a rental property would fall under that category.

This is a business.

Our business model is built around working with investors to find them great returns and I would enjoy a conversation around what you are trying to do.

In rising markets, you might want to hold onto some properties longer to maximize your returns.By focusing on these areas, you can build a solid foundation for a scalable distressed property investment business and navigate the transition from individual deals to a thriving operation.ConclusionScaling a distressed property portfolio involves more than simply increasing the number of deals; it requires a fundamental shift in the way acquisitions, financing, and operations are structured.

I selected Lewiston for the post as I didn't see an Augusta option, but I do work all over the state.It was my family's property management business that brought me to Maine and sparked my interest in and passion for helping investors achieve their goals. 

More repair costs because their maintenance team somehow "missed" things during the initial turnover.At this point, I genuinely started wondering what exactly the 15% management fee was for.The Bottom LineLook, I get it—REI Nation is a business, and businesses are here to make a profit.