
16 January 2022 | 38 replies
But keep in mind, the best influencers are the ones that are able to influence others without others even realizing it.Here’s a list of all the people that I influence when it comes to real estate investing:my bankers through keeping enough in reserves and having enough cash flow to lead them to want to give me loans on my properties.The people who work for me by being nice to them, encouraging them, providing a good work environment, paying them, and helping them get their own real estate properties.My business partners by trying to be fair, making sure that they benefit from the partnership, and by helping them reach their goals all while helping me reach mine.My tenants I incentivizing them to take care of all the smaller issues that come up in the home by discounting the rent.Sellers by finding out how much they need to get out of the sale of their home in order to help them solve the problem that they’re in, then we work together to make it a win-win situation.Title companies by sending them previously closed settlement statements explaining how to put the rehab credit on to the settlement statement.Wholesalers and realtors by telling them that I own 200 properties and I am a serious buyer and that I will buy the property if I am able to buy a property A certain way or at a certain price, and that I will close on the deal as long as it is according to how they presented it.

14 January 2022 | 8 replies
Have been through some rough times with some tenants but as long as communication lines are open we can get through them together.

28 January 2022 | 9 replies
As long as their units were cared for, somewhat clean and they pay on time.... that is all I can ask for.

17 January 2022 | 5 replies
As much as this seems like a lot, it was well worth it and as long as you can handle the workload it may be something to think about.

2 February 2022 | 6 replies
1 - Don't buy a rental property based on a budget, unless that budget is based on the calculated cash flow and/or profit you can make, as long as the analysis done to arrive at those "calculations" were done with real numbers and not estimates.2 - Don't make any sacrifices on a property you want to turn into a rental if the sacrifice you make will be a sacrifice to the renter.3 - Don't take the attitude of "just getting into the market".

30 January 2022 | 1 reply
Servicers have the right to sell the loan as many times as they want as long as they follow federal and state rules (timelines) to notify the borrower.

31 January 2022 | 2 replies
Simply Safe systems are great to use so long as you keep the electricity on.Otherwise, if you have boots-on-the-grounds, PM, Realtor, etc. that can pop by regularly to check locks and show that the property is being checked on.You can install live, or dummy cameras, on the exterior of the property as a deterrent as well.Best of luck to you!!

21 March 2022 | 15 replies
It's a time consumer that I'm happy to part with 80% of the 1st month's rent, but after that as long as you place a good tenant your phone calls/issues are usually incredibly minimal, I hardly ever hear from my tenants, so I don't see the need to give up 10% of my monthly rent to a company for them to not hear from my tenants either.

3 February 2022 | 13 replies
I called up the lender and asked if I have to technically live in the house for 5 years, or if I could buy another property as long as I don't sell the first.

19 February 2022 | 6 replies
@Angel Gonzalez...if you're looking to get rental/investment properties, I'm agreeing with @Tarik Turner There are a lot of lenders out there who don't care about your work situation, as long as you meet assets and credit criteria and the property works.