I sold that in 92. next iteration was 2002 when I started a new lending company in Portland OR to specifically fund Turnkey buyers in the mid west doing BRRRR loans we killed that.

To maximize the number of transactions you’re involved in you will need to:Be Top of Mind when they think about moving - which requires consistent reminders.Be seen as an Expert – which requires a consistent message and Evidence of Success storiesGain their Trust – which requires communicating with integritySo, start out by CONSISTENTLY posting what you are doing on whatever social media channels you currently use.

If you’ve made a similar transition or have advice for someone getting started in this phase, I’d love to hear from you! 

Month to month for the win, though we always do one year leases at the outset as good tenants generally balk at the lack of security of a month to month lease when they first start out.

We get a lot of bad press about slumlording and it is often OOS investors who let their property go to hell and the DNS starts getting complaints about trash and condition.

He’s excellent at helping real estate investors analyze their options and structure financing that supports both short- and long-term growth.Excited for y’all to get started!

They view the fact that your restoration company will not start work until the claim is finalized as being between you and them.

I tend to agree with @Bill B. on his comments related to the flexibility of commercial lending versus leveraging your existing assets.You just need to look at your entire portfolio, determine the amount of leverage you are comfortable with (for me I try to stay below 50% LTV for my portfolio, but that is more conservative than most others who are starting out).If you still have equity to tap into on properties that could qualify for 30 year financing, I would go that route first and only tap into the commercial building's equity after exhausting all traditional residential lending avenues.The transfer from family will certainly present some unique challenges for tax reporting, I am happy to be a resource for you there.  

.), I can point you in the right direction for local groups, meetups, or other investors who are starting out as well.Feel free to message me anytime if you want to chat or need recommendations for building your network!

I have just started listening to it on audible.