BUT, when you “accept” business that has low profitability, takes an inordinate amount of time, is outside your area of expertise, or does not add to your reputation for expertise, you’re replacing highly profitable business that does add to your reputation as an expert and leads to more profitable business.

Building Reputation: How did you go about getting your name out there and establishing credibility as a private lender?

I 100% think you should add a hot tub even if it just a plug and play one that is reputable.

I work with a colleague that used to be a manager type prior to getting into Sales and assured me they are reputable!

If I did own properties in Baltimore, without question I would hire a reputable property manager.

FYI We looked at purchasing one that was operating already with a lease and I was really surprised how hostile banks were to the concept--they viewed it as a risky and potentially reputation damaging business.

Neu is also a reputable real estate agency with MIBOR (Metropolitan Indianapolis Board of Realtors)  I would be willing to help any of you out of state investors to walk properties and/or vett them for you and I know Edwin would be willing to do the same.

As a broker, that shops many lenders I look for reputation, communication, and the assurance, that whatever I push in will close. 

Hey Eli, hope you've been able to find a reputable company, but I can PM some suggestions over as well if you still need some.

Where did you make connections to reputable, affordable contractors?