As your rapport grows with the lender, their terms should become more flexible, increasing the efficiency of the financing and reducing the stress that this industry is known to cause!

Many of the houses in the north east are old enough that chimneys may not be lined - great source of gases in the house and chimney fires.Also, while an open hearth fireplace is ornamental, it is a lousy source of heat ... you would need to put an air-tight wood/pellet/gas insert into a fireplace to make it moderately efficient.

Greetings BP Community,I'm new to the BP community and after reading many books, listening to BP Podcast's and actually starting to network, line up funding and view properties, I've realized that I need to be as efficient as possible when qualifying deals.My focus is SFH and MFH up to 4 units.My question: when qualifying deals, what are the most important things to consider first?

I've always done deals solo, but getting to the point where I'd like to bring a partner in for some of the projects I'm doing, and just need some pointers on doing this is the most efficient way!!

I simply send them statements, manage their properties efficiently and profitably for them, deposit monies, tell them what is going on via voicemail and/or emails and that is it.

I have a degree in construction management and have a wide knowledge base in building science, energy efficiency and building new homes from the ground up.

I have a degree in construction management and have a wide knowledge base in building science, energy efficiency and building new homes from the ground up.

Not real efficient for what we do, but there is some value to the name when selling and talking to other agents, plus I get some leads off the agents in my office.

Wholesaling (assigning contracts) can be the most cost efficient strategy, lowest risk, and sometimes the one requiring the least amount of capital.

If a tenant wanted to screw you over they could do it much more efficiently and in a much less traceable manner then depositing lots of bad checks.