Mike Henning
Minnesota lenders
23 May 2016 | 7 replies
(These are all commercial loans, made out to LLC or Corp)Drake Bank (Used to work with Jeff Carter)Home Federal Bank ( Jason Madson, awesome banker, if the loan over 0.5M will take longer)Granite Community Bank (Jake, president's son, smart guy, low origination fees)Round Bank (Andy Klassen, low origination charges)Bridgewater Bank (Tom Johnson, the fastest banker that I love, my favorite, higher than normal origination charges though, 2.5 weeks to close a deal for him, have been working with Tom since 2006)Merchant Bank (sucked in 2007 at the day of closing they backed out of the deal, didn't follow their commitment and instead of financing 380k for me at closing financed only 120k, I had to borrow money from somebody else at a very high rate, just to keep my word).The funny thing is that the banker from Merchant Bank was my instructor at the University of St Thomas grad school, teaching me a banking class next year when she screwed me over the deal :)I know Jeff Carter from Merchants, he used to work at Drake Bank and financed many of my deals, and then moved to Merchants.
Sherry G.
Leimert park
29 July 2015 | 1 reply
The entire Baldwin/Crenshaw area has been going through a gentrification for nearly 20 years; but now, I think thing are going to pop within the next 10 years.Listen to one of the Podcast with Allen Glass.
Gene D.
hold or sell and reinvest
29 March 2016 | 53 replies
@Allan Glass @Jeremiah HilliardJeremiah, I think Allan is saying to focus less on rent roll and more on the actual return of the investment after exiting.
Charles Royster
What Qualities you should look for while choosing a realtor
12 August 2015 | 5 replies
Bam.The smart clients won't care if you know how to post to twitter or know the area, they want someone who's going to get them the best deal... re: Master Negotiator.And, the same goes with listings.
Kevin Harrison
Financial ecucation in schools? And why the lack of it buggs the hell out of me.
31 July 2015 | 15 replies
Best book for kids and moneyRich Kid Smart Kidhttp://www.amazon.com/Rich-Dads-Kid-Smart-Financia...
Glenn McCrorey
What do Flippers do with the profits?
20 November 2015 | 24 replies
For anyone doing any real volume of flipping (more than 1-2 per year, or even just 1 big dollar flip), a smart move is to work with your tax planner to turn the activity into a true business.
Max T.
Budgeting for CapEx
31 July 2015 | 7 replies
If you keep a consistent $5k in reserves due to your estimates today, you'd be scrambling to come up with an extra $1,400 in the future.Hopefully, investors are smart enough to invest in the area where rent goes up as time goes...
Nick Versetto
My first rehab turned cash flow GOLD!
8 August 2015 | 31 replies
You were smart to turn it around into a buy and hold.
Jeremy S.
How Much Debt Paydown Before I Invest ?
1 August 2015 | 12 replies
It is not something I think I want to do the rest of my life (constant travel) so that is why I want to be smart and pay down some debt, but also save to invest in real estate.
Jennifer Castro
Hurricane Shutters
17 January 2018 | 12 replies
Additionally I am sure there are huge possible liability concerns if the tenant is injured while putting up the hurricane shutters.There are many different types of Hurricane shutters from the panels you fit and tighten, the accordion, roll down for sliding glass doors, and impact windows.Depending on what story the window or door is located on and your budget will ultimately determine what hurricane mitigation device you choose.