Lender · Greenville, SC · Member since 2012 · 25 posts · 5 votes
(Didn't get much traction on this in the Marketplace, so I thought I'd move it over to the forum!)
Hi all,
This is going out to all real estate investors who have utilized Hard Money in their deals.
In what way can the hard money industry be improved? (other than rates of course, everyone wants those as low as possible!). It's a New Year, and with that we're trying to be the best around, what other services can be provided to help real estate investors throughout the entire process?
Investor · The Woodlands TX / Avon, CT · Member since 2009 · 6k+ posts · 10k+ votes
13y
Justin Thompson, the reason that you didn't get much "traction" is because as in your previous posts you are attempting to use Biggerpockets as an advertising medium for the hard money lender you represent, rather than becoming a contributor to the community.
There are many hard money lenders on this site who have spent years participating, communicating, answering questions, etc, with members. Coming in unknown, announcing that you are "revolutionizing" the industry, and asking a thinly disguised leading "question" so you can promote your business is an obvious ploy most experienced members see through.
If you do have knowledge of the hard money lending industry, taking your time to answer questions, providing unbiased information and sharing your knowledge will go a much longer way to promoting your company than your current "non" participation.
Real Estate Broker · Canton, GA · Member since 2010 · 15k+ posts · 11k+ votes
13y
Justin,
To answer your question I think you should demonstrate your expertise. Start topics on here of value and also add to topics with your knowledge.
Start a blog in BP and start talking not about generic stuff that everyone knows but specific experiences and lessons learned from deals in the area you lend in. Of course you do not put people, addresses etc. but can talk about the HML's that went right and the ones that went way wrong and why.