Portfolio Loans and Advice On Using Them
Tuesday, September 20
Recently, one of our biggest clients had a large package of houses where he was going to refinance out of a hard money loan and into long term, permanent financing. One option he was considering was doing a portfolio loan with a small bank. For those of you who are unfamiliar with this type of lo...
How to Determine ARV with a Garage Conversion
Monday, September 05
Over the years I have bought, rented, sold and funded many houses with garage conversions. Recently, a client of ours asked the following question, "How does a garage conversion affect the value of a property?" Great question and one that confuses new investors and some seasoned ones as well.The ...
Making That First Offer Work
Wednesday, August 24
This advice is very timely for many of our clients who are selling property right now, and what I learned years ago the hard way. Even if you don’t have a property for sale, or are not flipping property at this time, you might hang on to this for future reference.Making that first offer work is f...
Marketing Your Property Early
Tuesday, August 16
Many investors think marketing a property before it is totally complete will give them a jumpstart on finding a buyer and that it will help them sell the property faster. While in theory this may seem to be an advantage, it will more than likely hurt rather than help.I consider marketing a proper...
Why Flipping Multiple Deals Too Quickly Can Cost You Big!
Tuesday, August 09
As many of you already know, real estate investing can be very exciting. Especially when you get that deal you know is going to sell for a nice profit. Most of you who are new to real estate investing are going to take it one step at a time – certainly the smart (and correct) move in the beginnin...
Real Estate Investors: Greedy Profiteers or Good Samaritans?
Wednesday, August 03
I am proud to be a real estate investor but in the many years I have been in this business, I have heard the most inaccurate, absurd, as well as offensive things about real estate investors. Things like: we are greedy profiteers, we are slumlords, and probably the most outrageous that was told to...