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2 January 2025 | 18 replies
Maybe they've been burned by landlords in the past and are being very careful.You can legally reject them based on personality, facial tattoos, body odor, or other factors, but you better make sure you can prove that it wasn't based on any protected class like race, religion, familial status, etc.
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6 January 2025 | 7 replies
Skills or qualities in no particular order: Communication, patience, empathy, listening ear, backbone, resilience, determination, organization, work ethic, lead a team, thick skin, time management, trusts their instinct, and all-around good ethics!
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12 January 2025 | 23 replies
A good one will also have skin in the game and will even be able to bring new acquisitions to your attention.
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9 January 2025 | 9 replies
I don’t mind having skin in the game either, but I know using private money is key to scaling one day and would like to get some experience with it now, even if it doesn’t fund a majority of the deal.
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30 December 2024 | 7 replies
Again, other might feel differently here.b) Skin in the game: as a conservative investor, I understand that the dirty secret of industries that the waterfall compensation is in the line with me and incentivizes sponsors to take more risk.
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2 January 2025 | 21 replies
There are rules and situations unique to each state and that is why you want to go with a local lender vice someone just reaching out to you telling you they can do it. 2) Better recourse if the lender screws something up: a local lender has more skin in the game so to speak as if they screw something up their name will be mud to local real estate agents in the deal.
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27 December 2024 | 8 replies
They also want a priority lien on the property.It sounds like you are looking for someone to fund your down payment, I would be looking for an equity partner over debt as nobody likes to lend money in insecure positions, especially when a borrower lacks skin in the game.How much are you planning to come in with yourself?
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11 February 2025 | 1681 replies
Most of the 59 pages describe how the members of BP realized, or have slowly come to realize, that the facially pleasant and prosperous Clayton Morris Real Estate offerings were founded in deception.
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28 December 2024 | 1 reply
Giving them skin in the game ensures they’re just as invested in success as you are.
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1 February 2025 | 56 replies
My experience has been that purchase transactions where the buyer has no or little skin on the game have a default rate many times that of buyers who place a significant down payment into the deal.