Have Fun and Make Your Own Luck!

Be sure to provide and have them sign a copy of the rules and regulations - they don't seem very important until they start breaking rules you didn't even think you needed...that will be a fun one...if you plan to increase rents, do it when they are most likely to expect it like as soon as you take over or one year since their last rent increase/ contract.

Just for fun, I would like to ask judges if they replace their own carpets every 3 years.

The fun for me now is trying new things and TESTING the results or enjoying the benefits of that which has proven itself to work well in my market.Go, Have FUN, and tell us what you found out : > We at BP would love to know!

Here's a fun one for you, after your 4th mortgage the reserve requirements go up even more.

You may not market anything, not even chewing gum, to bank customers and your having access to accounts is highly confidential.

I'm hopeful you guys won't mind looking over a deal with me as I'm having to learn from the absolute ground up with hard money loans and all that fun.

You'll get "maxed out" fairly quick with the number of mortgages allowed (and like you said, lender's don't always like to give you credit for the rent you receive for the first few years) but you can probably pick up three or four before needing to get creative (and that's when it gets fun!)

It's a fun journey, not an easy one of course.

One of the things that is fun about the industry is trying to figure out how to keep organizing and getting your hands on more capital.