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Updated almost 6 years ago on . Most recent reply

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25
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Chris Braudis Jr
  • Rental Property Investor
  • MA
2
Votes |
25
Posts

What are top 3 pitfalls to avoid when using OPM?

Chris Braudis Jr
  • Rental Property Investor
  • MA
Posted

What are top 3 pitfalls to avoid when using OPM to fund a deal? 

What should I consider as method of repaying the investor whether I should provide equity stake versus % return on money invested? 

  • Chris Braudis Jr
  • Most Popular Reply

    User Stats

    1,113
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    967
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    Theo Hicks
    • Rental Property Investor
    • Tampa, FL
    967
    Votes |
    1,113
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    Theo Hicks
    • Rental Property Investor
    • Tampa, FL
    Replied

    I think the biggest pitfall is lack of transparency. 

    To avoid this pitfall, send monthly recap emails to investors for each property. If a problem arises, identify the right solution as quickly as possible, and communicate the issue and the solution to your investors in the recap email.

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