All Forum Posts by: David Sanders

Susan, what is your take on lenders asking for a Personal Guarantee? I have found some lenders make it a requirement, either way, doesn't that (giving a lender your PG) take away from the "so called" Corporate Veil for legal purposes and the separation of entities (personal and business)? Thanks

I have had the same experience, we have a few HUD properties and remedied the problem with fresh paint. One particular house had LP paint on the doors and door trim; I just installed new doors and trim.

TIME, still working a full time job and so is the wife. Looking for and doing deals, rehabbing, landlording.... all in the evenings and weekends. Thank God I have six week vacation and every other Monday off.

Build now so I can live like you guys soon!!!!! :lol:

I am working on a Quad deal also, and have looked at a few National as well as Local lenders. I have got 6.5 up to 9%, on a 80-90% LTV as well. :shock:

Alot of variables on deals, personal and/or business depending on how you plan to buy properties.

However, I agree, 9 & 10% on a first is and should be considered a form of robbery ! :lol:

Good luck to you!!!!

Jeff, I would like to see your spreadsheet as well for comparison to my current one.

Thanks!

Well.....

I have a older married couple that mows grass at some of our smaller SFHs. Only charge $15 per house!!?!?!?!? We treat these people well with tips and extras like gift cards.

I have another gentleman that powerwashes driveways, decks, siding etc. A full blown "the works" deal is $250. He pro-rates for smaller jobs, but I havent used him for smaller jobs.

I usually "swap" services for actual landscaping of a property, since I am an electrician. It works well, also swapped with roofing and plumbing.

Every little bit helps!

However, I am in a town of 20,000 folks, so not alot of competition.

Welcome to the site!!!!

Great folks with great experience, all willing to share in your success.

Welcome to the site!!!!

Great folks here as you can tell!

Welcome to the site!!!!

Great folks with great experience, all willing to share in your success.

Welcome to the site!!!!

Great folks with great experience, all willing to share in your success.