Hi Steven, the best hard money lender will meet the following:1. be willing to work with you (ie lend you the money)2. give you the best rate and terms3. require minimum paper work from you 4. minimum collateral5. they have deep pockets Once you find a good hard money lender, make sure you treat them right.

Your Renter may have not paid for two years and now had to start at the rate from three years ago...insane stuff. 

A good property manager can bring you quality renters that pay market rate.

You can get an LLC but you will get better rates if you purchase the investment in your name.

If seller would rather discount the price, how much of a discount is right?

Great time to expand values are high, rates are going to start to fall again in the next 60-90 days.

Is it true when underwriting small storage facilities that you should use a high cap rate between 12% - 15%?

Please someone tell me the logic on how costs on the buy side will drop with less agents.I can see good buyers agents commanding over 3% because they are worth it and will be operating against a bunch of poorly trained flat fee discount brokerages. 

Share your assumptions below for a tailored model and insightsNeeded: Rent, Rental Growth, Occupancy, Interest Rate, Loan Amount, Property Tax, Maintenance Expenses, Purchase Price, sum of all Closing Costs (including commission), HOA Fees, and Renovation Costs.

You can get up to 75% of the value, but you can get a lower interest rate if you only take out 50 or 60% of the value.