Fix and flip financing, also called hard money loans, sometimes conjures up images of boogeymen in pin-striped suits making obscure threats about what will happen if they don’t get their money back on time.
With the declining social benefits, retirement planning has been gaining more attention. Investors are now looking for new ways to invest and save for their retirement future. One of these new ways is investing in real estate with a self-directed retirement account, such as a self-directed Solo 401k or IRA LLC.
Rehabbing and selling is a beautiful business with enormous profits that we all love, but to really make it a long term business model, you need to make sure that your homes stand out when they are on the market competing with all of the others.
Rumor has it that my picture is on a few dart boards. With plenty of darts stuck in that picture. It would not surprise me. You see when it comes to investment real estate I tend to have very high expectations from the people that I deal with and I have no problem in letting them know what my expectations are.
Today, I can say I stand among my fellow landlords in a gloomy mood. My best tenant has moved on. The tenant that pays on time, never complains, and the one you hope will stay with you forever, but we know will leave us one day. What’s next? How do I replace the perfect tenant? Normally we are looking for a better tenant now I’m hoping to get another one half as good as our previous tenant.