This is really a compare and contrast conversation, compare RE to other professions or business activities and explain the differences justifying why RE is so easy that an in-depth understanding of RE just isn't needed.

That said, cap rates are extremely compressed and getting a 10 cap in this market is difficult to find at best, keeping in mind this conversation was in 2013. 

Hey Account ClosedAlso - here's a couple articles you might enjoy:The 21 Best Real Estate Investing Books Ever How to Rent Your House: The Definitive Step by Step Guide Finally -be sure to setup some keyword alerts - especially for "Reisterstwon" so you can jump into local conversations.

Hi all, I really enjoy the high level of conversation here and especially people's take on personal freedom and the issue of the "family unit".

In nearly twenty five years of working probates and speaking to literally thousands of people, I've only experienced two or three people who were so grief stricken that they had difficulty doing business.May I suggest that you have a little script, some notes and a checklist of things that ought to be in an initial conversation.

I posed this question to see what kind of responses it would draw considering the conversation that myself and my partners had about it was pretty interesting.

Oh - also - be sure to set up some Keyword Alerts for some of the topics you are knowledgeable about, or other topics that interest you (like Flip, Los Angeles, Rehab, etc ) so you'll be notified that those words were mentioned in the forums and can jump into those conversations!

Do any of you have any suggestions on how I should handle this, or approach it conversation wise with both tenants?

Conversely, if you make a loan secured by a OO property and the money is used to pay for a rehab, that is a business purpose loan not subject to SAFE, TILA and RESPA.

Be sure to set up some Keyword Alerts for some of the topics you are knowledgeable about, or other topics that interest you (like Michigan, Grand Rapids, Rehab, etc ) so you'll be notified that those words were mentioned in the forums and can jump into those conversations!