I was recently searching for a hard money lender in Florida and came across a company that requires a 10% down payment. I have in the past dealt with hard money lenders and never heard of a down payment requirement...
I'm working on a 10 year portfolio plan for buy & hold rentals (SFR or Multifamily). I can reach my goals if I can hit 9% CoC return (on average). My secondary goal is 20% forced appreciation and 5% market appreci...
While doing back of the napkin due diligence what is a standout factor that will immediately turn you away from analyzing the deal any further?
Hi, I am a new agent and am in the process of signing with a broker for the first time. Besides immediate friends and family who know me, how do I market or introduce myself as a new agent with no experience. Is th...
Wow, this one is a doozy. In all of my 10 years I have never seen anything like it.Friday a client of mine discovered a property for sale that he has had his eye on for almost 4 years. Back then, it was listed for $...
Stupid things Tenant Applicant’s say.
I had renovated a nice 4/3/2 and put it on the market for lease. Here are some of the comments from people who toured the property during the open house or called me from signa...
opps meant to put "FORTUNE Builders"
I just left the Fortune Builders Seminar in New Orleans, La. It was the free 2 hour seminar. I did some quick research before hand to find out how much the classes would be that ...
We get a lot of this, and sometimes, it really does baffle me. As my profile says, I'm an affordable-housing handyman landlord running a small outfit out here in Pittsburgh and doing what I do is NOT EASY. It's signif...
I have had some really bad interactions with James Wise over the years, but I always have pointed out that he is a reputable agent and he has built a good business. However, there have been enough red flags to make me...
Inspired by @Tyler Jahnke and others on BP I've decided to chronicle my experience regarding the property i've purchased with MI & OP management company from now for as long as i own it. The purpose is to hold the...