Quote from @Scott Mac: iPhone (Even though I miss the candy bar phones). my first mobile phone was one of those in a case :)  Also in our day with note collections borrowers would send in their check along with the payment book..

This was my first deal using commercial lending as opposed to retail lending.

First qualified person that give a deposit gets the place. 

Have them call and not you, otherwise the Sales Agent will get pissed later if you contact first.

It’s the classic does the chicken or the egg come first.

First answer is yes. 

Please find some details belowAcquisition fee - 5%Asset management fee - 3% of gross incomeconstruction & oversight mgmt fee - 5% of rehab budgetdisposition fee - 1.75%guarantor fee - 2.5% of loan amountPref is 10% with 60/40 split unto 15% IRR and 50/50 there on.This is my first deal in the RV space so not sure what's the norm, so would really appreciate some guidance/feedback. # of fees looks standard but the % are slightly higher than what I have seen in the past (1-3% being normal).

TLDR: how to take care of water bill which will include irrigation on a 10k sft yard Hello Everyone,  Will be closing on my  first new(build) Single family home as rental/investment property and would like to get your thoughts on how to go about Utility  Bill ( Water) . 

I'm leaning more towards flips for my first few deals just to help create more liquid cash in my account.

I'm a first-time homebuyer and recently purchased a multifamily property in Canton, MA for close to $900K.