Luke Dixon
Where do I find apartment buildings to invest in?
Ive been looking into investing into an apartment building and I don't know where to find the deals. Ive tried Loopnet.com and other websites but cant seem to find anything good. Does anybody have recommendations? Tha...
Freeman Schultz
Changing rental application requirements
Just out of curiosity, have any of you changed your requirements for new applicants?
I have heard that some landlords/property owners have been changing their requirements. The general feeling is that they need to ma...
Christian Bors
Declining a tenant's application
I have a prospective tenant that filled out our application. Originally, her fiancée and her 3 kids were going to move in. I told them our process and standards we require for our rental units. First, they must fil...
Anthony Barbato
What to do AFTER Driving 4 Dollars?
Hello all. Curious how you close deals after you find something while Driving 4 Dollars?
Do most of you get a realtor involved, or just use attorneys to execute the purchase?
How about inspections to find major flaws?
Account Closed
what do you think of these HML junk fees?
Hello guys,my partner and i are using for the first time a local hard money lender in the los angeles area. We are borrowing 250k over 3 monthsWe just received their estimated settlement statement which seems to carry...
Phillip Gainey
Christmas is a discriminatory holiday!
Take Rudolph, for instance. He was discriminated against simply because of the color of his nose!
Luckily, Santa has an affirmative action program in place. Then again, the main reason he used Rudolph was because h...
Dan Griffin
Letting applicants know you won't be renting to them
Do any of you have a standard letter you send to let applicants know that you haven't chosen them?
I had a very nice couple apply who had horrendous credit. So despite the fact that they were nice people, I'm not r...
Eli Kim
Maxed DTI. How should I get more properties?
Hey guys, So I currently have 3 properties and I want to purchase another one but the issue is I’ve maxed out DTI. What other methods should I use to acquire another property? I’ve been thinking DSCR but don’t they t...
Colin Gearity
Declining an application based on credit score - anything to know
We are currently accepting applications on a rental and just received an application from a couple with really low credit scores, along with one of the individuals having an account in collections. They viewed the pr...
Jonathan Makovsky
Technical Question for HML's
Is there an industry standard for serving a notice on a "non-monetary default" in a hard money loan? A private hard money lender and I have agreed to business terms on a loan, and our attorneys are on opposite sides w...