Working with a well-oiled machine is much better than working with an agent and a lender who don't know each other.

Quote from @Johnny Cooke: Quote from @Chad Thompson: I have been offered 32 unit Mini Storage. 

Nothing against, but I have an issue with snake oil sales people. 

This holds true for realtors, especially contractors (I want one who talks about how he is going to do the job not tell me about how awesome he is when he built this and that and this and that, they talk to much they are snake oil salespeople)

For example, total pollution exclusion that most policies have now....lets make an extreme example and say your tenant decides to start pouring used motor oil into a hole in the ground in your back yard.  

BEWARE THIS SNAKE OIL MERCHANT. 

I'm Dianah Love from Phoenix, passionate about real estate investing for 2 years.Outside of real estate, I enjoy reading, cooking, technology, Tennis, and travelingExcited to learn and connect with you all!

I'm particularly passionate about Houston and surrounding areas.Outside of real estate, I enjoy cooking, traveling and walking.Excited to learn and connect with you all!

Once the borrower is tied into these they are quite cumbersome to manage for the borrower and god forbid there is a default of any kind :)  or with the pre pay penalties and the reporting and the covenants to keep a certain DSR etc etc I mean look at all the syndicators who are leaking oil because they cant meet loan covenants.. 

I'm particularly passionate about Creative Financing with $0 cash.Outside of real estate, I am a Certified Real Estate Appraiser and I enjoy cooking, travel, and water sports.Excited to learn and connect with you all!