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25 November 2024 | 4 replies
Relationship-Based LendingBanks: Normal transactions are always cold-blooded and policy-oriented.Private Money Lenders: Most often work with borrowers to create solutions and value relationships over strict rules.The Bottom LineThe power of private money lending, I think, is a pretty effective alternative for borrowers who need speed, flexibility, and customized solutions—especially in industries like real estate investing.
30 November 2024 | 4 replies
Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.
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29 November 2024 | 2 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
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26 November 2024 | 22 replies
.: Quote from @Chris Seveney: @Dana YobstBlows my mind how he is out there still teaching classes and going on as nothing happened but it sounds like these debts are not getting substantially paid down.As many of us know, one of the main reasons he's able to continue on is with the help of this other self proclaimed criminal https://weclosenotes.com/ep-nc-03-protecting-yourself-using-a-corporate-veil-with-aaron-young-from-laughlin-associates/ Using a remote entity to limit liability is a life blood of insuring investment into all types of job creating, life saving and life improving business development.
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5 December 2024 | 37 replies
The goal is to start getting your land-lording processes into place--how will you advertise, how will you screen, how will you collect rent, how will you deal with maintenance, who are you going to use as a lender, what is your process for bookkeeping and taxes.
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27 November 2024 | 6 replies
Lesson learned - do a better job screening your tenants...Consider investing in greener pastures (landlord-friendly states)
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14 December 2024 | 101 replies
At about 3:35pm on the third and final day(there were only about 40 people left) when we all came back from our last "break" there was a slide up on the screen.
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16 December 2024 | 43 replies
You outsourced the entire transaction, and as far as I can tell, never went to Akron, screened a tenant, or were educated on the class of tenant that you are likely renting to.
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27 November 2024 | 8 replies
Quote from @Nina Ning: I'm screening applicants for my rental.
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3 December 2024 | 16 replies
inheriting tenants - generally it's better to start with a vacant property, spruce it up, and do your own screening.