What Qualities Should You Look for in a Borrower Before Offering Private Money Loans?

So, I guess it all depends on the quality of your network. 

Many short-term rentals will rent monthly during the off-season.A quality REALTOR will help you determine what needs to be done to make the property more sellable.

You go to the internet.Well, guess what So does everyone else including actually MOTIVATED sellers.The ONLY way to reliably get in touch with motivated sellers is for you to make it extremely easy for them to find you.I call this "stalking the watering hole".SEO is obviously the best, but  PPC and Facebook ads (a service I do not provide... meaning I am not just saying this BECAUSE I offer SEO) are the next best thing each with advantages and disadvantages.Now, you are better off investing in an ever working lead generation system so you can automate this to generate the highest quality leads for free, than investing in a list, no matter the list and every single time you send mailers you have to 1) Hope they see the mailer2) Hope they open the mailer3) Hope that when and IF they open the mailer they are in the mood to read it4) Hope that when they 1. find the mailer, 2. and hopefully open the mailer, and 3. hopefully they are in the mood to read your mailer, and 4. they are coincidently in some sort of motivation state to act on the mailer, they will give YOU a call when they have received 400 other mailers from other peopleYou do realize that 50% of 50% is 25%.

Learn together when you can or leave some links when you find something good so that it is a shared activity.There are so many posts about the metrics of a deal, or the qualities of the asset, but those won't matter if you put your relationship in the middle of your investing trajectory.

For someone that's not as conservative, or a different view on the cycle, they might have a different opinion than me on all of this.2) Sponsor quality check: (takes about 45 minutes per deal)I believe that a great sponsor can take an average looking deal and make it great, and that in mediocre sponsor can take a fantastic looking deal and make it bad (especially if there is a severe recession).

This reassures potential guests that you care about service quality without engaging in a back-and-forth.Address Any Legitimate Issues: If there’s any valid criticism hidden in the hyperbole, acknowledge it briefly.

I find that when I allow pets, I get more and higher quality applicants who earn more, have better credit, and have fewer background problems.

Selling (1031 exchanging) our high equity family owned properties is the best (really only) option that we have for funding our share of new purchases right now and with each new purchase, we are buying nicer and usually larger units in better neighborhoods so I'm trying to improve the quality of our family owned holdings in addition to growing a new business with our new partner.

As a newbie here, my greatest challenge is consistent, reliable, high quality, detail-oriented cleaning.