Why is Vision so Important?
We all need a vision to give us purpose in all areas of life, such as our career, business, relationships, and health.
What Should We ask Ourselves Before Making any Investment?
The questions prospective investors typically ask are what is the initial cost, what is the return, how secure is the investment, and what is the timing? Those are great questions. However, equally important questions to ask ourselves are, what is the worst-case scenario, what is the...
Do We Know When Our Attitude Makes a Difference and When It Doesn’t?
We want to think that having a great attitude in the situation will always solve the problem. However, that isn’t the case. To help us succeed in our professional and personal lives, It’s important for us to understand when our attitude will help us and when it won’t.
The Art of Retaining Your Client: A Mortgage Broker’s Ongoing Challenge – Part 2
Is there real value in a Brokerage Fee Agreement? In an ideal world, you should have clients with such loyalty that you don’t need a contract to collect a fee. However, in the real world, you need a fee agreement to perfect your interest in the brokerage relationship and get paid for the...
The Art of Retaining Your Client: A Mortgage Broker’s Ongoing Challenge – Part 1
Have you ever worked hard, spending hours arranging financing for a potential client, and come to find out it was all for naught because you did not execute a fee agreement, and the client went to another lender? I understand this is the nature of the business; however, there are ways to improve...
What can Real Estate Investors do now in Preparation for the Next Cycle?
In today’s market, with deals not making sense with valuations so high, real estate investors need to stay focused on the one thing that will get us through the next downturn, and that is cash flow.
Having a Coach or Mentor can Make all the Difference
A coach or mentor can help release us from what holds us back from our potential. A coach can help us reach our potential, gain knowledge, shed light on our blind spots, and be that sounding board of logic we often need when we can’t see the forest through the trees.
How Does Private Money Help Solve a Real Estate Borrowers Problems?
Here are three common problems where a Private Lender like Fidelis can help a borrower: 1. Where Timing is Needed. 2. Where Added Value is Required. 3. Where Ease of Doing Business is Desired.
Four things to Know Before Building an ADU on Your Residential Investment Property
The local and state government have made it extremely attractive to construct additional dwelling units (ADU’s), also known as Granny Flats, on a property with a single-family residence by loosening the density restrictions. The additional square footage created with an ADU can help increase the...
When Does Using Private Money Make Sense?
Have you passed up an investment opportunity because private money was expensive and it was your only option for financing? Private money, or hard money financing, is non-conventional financing. The funds are not coming from a federally insured source, as in a bank or credit union. A private...