We have to physically go into a bank for the deposit since it's easy to blow past the number of check limits and/or the dollar amount limits.In our case, we're doing commercial real estate so the check values are high per month.I would love to ask our customers to do ACH / direct deposit, but they're not always amenable to that. 

View report*This link comes directly from our calculators, based on information input by the member who posted.

I do appreciate sound and sage advice, and hope to learn from the great people on this platform.If you would like to reach out, please feel free to reach out directly.

Principal balance at the end of year 5 would be $189,258 which you would then have to refi, keep in mind you'll incur closing costs again at that time and rates will likely be higher than they are now.I just did a cash out refi on one of my buildings and am doing a bunch of direct mail to find another one.

I have a great relationship with a direct freddie/fannie lender, I would be happy to put you i touch with (PM me).

View report*This link comes directly from our calculators, based on information input by the member who posted.This is my 1st BRRRR deal, and I'm trying to figure out if I'm analyzing this correctly.

Hello everyone,I recently sent out a few direct mail letters to a specific neighborhood I would like to invest in.

Otherwise, if you're marketing directly to a homeowner, just be really careful. 

So do your due diligence and make sure that the strategy you know works in California will work in other states as well.If you don't know the area, here's what you'll need:A local real estate agentA loan officer licensed to originate loans in that stateA local property manager (they should have repairmen, contractors, etc. contacts for you)It works best when you have local "boots on the ground" so to speak, meaning friends or family members who can keep an eye on the property for you... which your property manager can do for you, but for a fee.I would recommend reading BiggerPocket's book on long distance real estate investing for a ton of other tips as well: https://www.biggerpockets.com/store/long-distance-real-estate-investing-ultimateIf you have any questions about the Phoenix Metro Area market when you're considering which area to invest in, feel free to reach out and I'll try to get your questions answered or point you in the right direction!

I'd be happy to connect you directly.