@Joemade Scott Carter At DoHardMoney we do things a little different than most Hard Money Lenders and as a result we’ve disrupted things in a way that competitors feel the need to raise doubts and concerns about our systematic approach and our business model.

.- After the budgeting section of phase 2 bring up competition and only these two factors: How easy it is for new competitors to jump in the game?

You can make great money doing it.The boom times I had many friends sitting subdivisions but the bottom fell out and just recently in the last year builders are building again now that foreclosures are drying up in many areas.The developers want to know how you are going to market and move their product above the competitors that are close by.

Do you know what happens when you do not have a website when your competitors do?

You should spend some time on knowing what the seller wants, but the data you provided shows that your competitors may have better information & systems in place.  

Something that's rather recent, and not done so frequently that you face a lot of competitors doing it as a result, is using income from a SFR's in-law unit to qualify for the mortgage (restrictions etc apply). 

Or are you just looking for someone to donate their time, energy and knowledge to a future competitor for nothing in return?

JohnI am not going to give my probate marketing secrets at his point yet because even though I quit investing for awhile now to devote my time to taking care of my bride of almost 54 years, I may resume and don't want to train new competitors.

If you are just starting out, my approach would be to call at late night (in hopes of getting the voicemail) to competitors of other states to get an idea of what is working for them.

(and a third for property management) I would seek referrals for any Turnkey company and compare them to their competitors.