Follow these tips to verify the authenticity of references and gather comprehensive insights into a tenant’s rental history.Verify authenticityAlways confirm the contact information provided by the tenant.

The only thing you can safely give them is a "gift" of merchandise not to exceed $50 in value.

They tend to be more flexible than institutional lenders and may lend based on the equity in your property or its ARV, rather than focusing on your income or DTI.If you have any connections with investors or family/friends who are looking for safe investments, you might be able to pitch the project to them, offering them a higher interest rate than they would get in traditional investments.Advantages:More flexible terms.Negotiable interest rates and payback periods.Considerations:You’ll need to clearly outline the project’s profitability and how you will repay the loan, usually through a refinance or sale after rehab.

Also adding in here for anyone else viewing that we would need to consider the possibility of the IRS classifying this as a second home versus an investment property and disallowing any potential 1031 exchange due to allowing a family member to use the home rent-free.There are safe harbors to qualify for a 1031 exchange.

.: Be on the look out for our new friend we met yesterday morning during our beach walk (PCB) 🦈 😯😯😯 Just when you thought it was safe to go back in the water!

It's like comparing a wide, stable & safe pontoon, to a speedboat. 

And then, we go into an inflationary market and all of a sudden everyone is asking what to do..... if real estate is safe.....

Texas is affordable, but we are seeing supply increase and demand decrease.Sales are down 8% YOY and average time on market is up 35% YOY.Prices the past 3 months have been slashed pretty substantially.Be safe, invest smart.

I work also in sales and my income is not stable so even more important to have safe ratio, I have some clients with very stable corporate jobs and they are able to use even more leverage and go more for high total return.

Stay safe out there!