Live Q&A - How to Deal with Late Rent Problems, Postcard Response Rates, and How to Finance Your First Deal
This presentation is the live Q&A that I did the week of April 6th and each Thursday we will offer you another chance to take advantage of listening to the answers to our guests’ fabulous and compelling questions! Don’t miss this new episode of the Just Start Real Estate Podcast!
Notable Quotes:
“Banks look at your credit and the investment you are trying to make. They don’t usually beat you up for lack of experience.”
“I will loan you that money all day long because my investment is very secure.”
“You need to look for hard money lenders.”
“The answer is painfully obvious… it is an emphatic, scream from the mountaintops, yes!”
“If you are averaging more than a 12% return on another investment vehicle, maybe you should stick with that.”
“In the spirit of telling it like it is, 500 postcards a month is not enough.”
“The bottom line is that postcards do work.”
“Day one when a tenant is late on rent, send them a seven-day eviction notice.”
“You can stop the proceedings anytime you want, but until you get that notice into their hands, the clock hasn’t started.”
Links:
Level Jumping: How I Grew My Business to Over $1 Million in Profits in 12 Months
