Yes the equity is higher esp on your first loans, but you need to develop that relationship with the lenders to grow anyway.

No way could we grow the resort to get to 45%, unless we grow the summer to be larger than winter.

Mike, Turning one property into a loser to buy another that will have a positive cash flow doesn't make any sense yes, but keeping in mind that an investors goal is to grow their portfolio, The equity base in one piece of property (the 200k ARV) could in fact give him the power to leverage more properties that have higher individual NOI's, utilizing that properties equity base makes it a winner, not a loser.

You will probably grow to like L/Os a lot.Good luckMike

The location is optimally situated in a busy and constantly growing commuter hub and professional district.Although at present I am not a real estate investor in a traditional sense, the requirements of my operation has indirectly brought about an significant interest in it.I hope to be able to use this site as a meeting point for local investors and/or private lenders interested in discussing both short and long term opportunities.Thanks again for allowing me to introduce myself and I look forward to working on many exciting possibilities through this site.Best, Christian Crespo

I have a gardener that mows, edges and trims the trees at my properties, and just recently one of my tenants was complaining about weeds growing in the flower beds and a vine that was becoming unruly.I now make it a point that the tenant understands, in writing of course, what the gardener is paid to do and what the tenant is required to do.One another note, I have addendums regarding, "smoke detector & fire extinquishers", "Info regarding Renters Insurance".

It will help grow this site, which benefits all of us.

As with bank examinations, an audit or exam date is established and everything is brought current to that date.I think what the original post concerns is the success in audits finding issues of non-comlpliance for the popular purpose of having loans written off or foreclosures terminated.

Caitlyn, I have read your posts and wondered if you are a shrill for some Speaker or if you have just taken the chum, hook, line and sinker Go read the following books: Benjamin Graham's classic, The Intelligent Investor Extraordinary Popular Delusions and the Madness of Crowds ...

That aside, my main beef with this whole deal is that it feels that every day the Government grows in scope.