If they want me to work for 4 hours, they will then pay for that work.Start treating your contractors like you treat your other professionals, your CPAs and your attorneys, and you'll get better contractors.

Then treat that banker like one of the family."

A sponsor has to be careful with that structure because it can be treated as earned income immediately and would be a huge tax hit.

As we've learned from a podcast with Dawn A. above, women have a hard enough time being treated well by some contractors, and let's face it, small hardware store owners.

Now that's a BAD taste...So in short, file when you have to, make sure you have sent proper communications and made valid attempts to collect, but don't stress yourself out, its business and you must treat it as such.

This is a private agreement stipulating how loss proceeds will be treated, how endorsements are made and may be applied to the debt created.

Formal real estate education treats RE investing as something on the fringes, not "real" real estate, which is listing and selling properties on the MLS.

Experience will teach skills not found in books.More importantly, I am a firm believer in THE WAY YOU TREAT PEOPLE WILL AFFECT YOUR RESULTS.

In that sense, you do sort of treat the borrower a little child like, you are not scolding them, but helping them live up to their obligation.

In another property the same rental agent placed a felon, who proceeded to not pay rent until we succeeded in getting her out.The manager and staff also treated the tenants with contempt.