![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1210895/small_1697052832-avatar-ajp21.jpg?twic=v1/output=image&v=2)
20 November 2018 | 2 replies
I would like to know how should I start the process to find out potential tenant(fast food,Bank etc).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/869060/small_1621504714-avatar-briano65.jpg?twic=v1/output=image&v=2)
17 November 2018 | 1 reply
Best thing to do is know your numbers inside and out ahead of time and if possible through your local banking and/or real estate connections you might find out what the other motels recently sold for or what their appraised values are.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1189022/small_1621510025-avatar-bobsislow.jpg?twic=v1/output=image&v=2)
20 November 2018 | 23 replies
can you explain what you mean here?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/299765/small_1621442701-avatar-michaelm57.jpg?twic=v1/output=image&v=2)
17 November 2018 | 4 replies
Issues with Assigning a RE Contract (with BANK OWNED REO property)Many BANKS who are still putting out their REO inventory are refusing to allow for ANY type of language in the Buyers Purchase agreement which allows for the BUYER to ASSIGN their purchase agreement thru the Escrow.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1109629/small_1621509019-avatar-daviddelunatic.jpg?twic=v1/output=image&v=2)
26 March 2019 | 13 replies
I recommend talking with Tony Guzman and Bank of the Sierra in Fresno, he can give you all the up to date info as they do a lot of commercial MFH's there.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1041869/small_1621507965-avatar-michaelh682.jpg?twic=v1/output=image&v=2)
19 November 2018 | 2 replies
There is simply not enough room on that card to explain who you are, show you are legit, show what deals you have done, how it works, answer their concerns.Everyone simply sees DMM completely wrong and again it is just because some company into printing mailers spread the word this crap works.Tell me, how do you figure sending mailers 4 times works?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1013247/small_1621507498-avatar-jaked49.jpg?twic=v1/output=image&v=2)
20 November 2018 | 12 replies
These loans are lower risk for the bank, the money is unlimited (they just go back to Fannie/Freddie for more), and you can find them at just about any bank.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/662788/small_1621494968-avatar-chivas.jpg?twic=v1/output=image&v=2)
17 November 2018 | 2 replies
On years where tenants renew leases, ROI increases to 13.8% since the PM’s 80% of first month’s rent for marketing and putting a tenant in place is not required.A couple of lessons I’ve learned during this particular purchase:If you’re scheduling a wire transfer early, call the bank to make sure they completed the wire as scheduled on time.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/681098/small_1621495349-avatar-ethanj7.jpg?twic=v1/output=image&v=2)
23 November 2018 | 21 replies
They have ageeed about 50% of our current home value based on our bank statement deposits.