How Inflation Is Impacting Insurance Premiums
Inflation is affecting real estate investor insurance rates—and will hurt returns. Insurance premiums across the board are increasing at a fever pitch due to rising inflation and the increase in catastrophic weather events. Although there [...]
Understanding Your Ethical Responsibilities to Investors and Partners
Transparency is key when an adverse event occurs. The worst has happened. You have had a significant adverse event that may affect your company’s financials and threatens the very existence of your company. If you [...]
Creating Your Private Lender Virtual Dream Team
Private money lending is a team sport. Private lending is not like other real estate investing strategies where a do-it-yourself (DIY) approach can be beneficial and save time and money. Setting up and vetting a [...]
Driven by “Underdog” Motivation
There are two things I have come to believe from all my experiences: Being the underdog makes you work harder. You always end up where you are supposed to be. I have always felt like [...]
How Renovated Foreclosures Stabilize Communities
Sixty-eight percent of renovated foreclosure resales during the pandemic went to owner-occupants. Foreclosure properties renovated and resold by real estate investors supplied an estimated 118,000 affordably priced homes to owner-occupants in the last two years, [...]
Three’s Company for Founding Trio
Mortgage Automator’s partners rely on each other’s strengths to move the company forward. Some say it’s not advisable to go into business with your friends, but the founders of Mortgage Automator wouldn’t have it any [...]
Bet Small, Win Big
The 2022 AAPL conference in Las Vegas has plenty to offer the small private lender. When new or small private lenders attend one of our industry events, we expect the event to check the right [...]
Turbocharge Your Website to the Latest Lender Trends
Upgrading a website may not be top of mind for the owners of most private lending companies, but it’s something you should do at least every three years. Web technology is constantly evolving, and competition [...]
Mediterranean Home Experiences Revival
Borrower rehabs a single-family home in Miami, Florida, in a neighborhood dedicated to maintaining affordable housing. As climate change and rising ocean levels affect the more flood-prone areas of Miami, higher-elevation neighborhoods like Liberty City [...]
An Insider’s Guide to Vegas
As a kid from extremely modest beginnings I never had opportunity to travel. By God’s Grace, and a lot of grit, after almost 15 years in the industry I have now had the opportunity to [...]
Foreclosure Pitfalls and How to Avoid Them
The best lenders continually adapt to whirlwind market conditions, and stay a step ahead of ever-changing legislation. An an ideal world, borrowers would never default, and lenders could avoid the time and expense of foreclosure. [...]
Automation 101 For Private Lenders
Automation is the need of the hour—and the gateway to the future. The global lending market is expected to reach a staggering $8,871.2 billion in 2025 and $11,604.7 billion in 2030, according to the “Lending [...]
Broker Price Opinions: A Viable Alternative to Appraisals
An industry-wide shortage of appraisers is prompting new approaches to asset valuation. The appraiser logjam is an aggravating industrywide problem lenders have been forced to accept as immutable reality. The previous standard of 30 days [...]
Why Cause Marketing?
More and more businesses, including private lenders, are waking up to the benefits of aligning their mission with a deserving cause. Cause marketing is a phrase you may have heard more often recently. That’s because [...]
Digging Into New Construction Financing
As you evaluate how you would like to craft new construction loans, consider these key factors to take you from land acquisition to completion. New residential development has become a natural part of the trajectory [...]
Wire Fraud in Real Estate Transactions
Stay alert to these red flags in the titling and settlement process to protect yourself and your clients from fraud. According to the latest FBI Internet Crime Compliant Center’s report, in 2021, losses from cybercrime [...]
Digital Advertising and Social Media: Blueprint, Budget, & Bandwidth
Online marketing can open new doors for generating leads if you invest in a disciplined strategy supported by adequate human resources and budget. As a marketer, you should always be trying not only to gain [...]
Tomorrow Isn’t Promised
When I was 14 years old, I learned what it meant to pivot off the basketball court. Due to a medical condition, I realized my next breath and continued journey was between God and me. [...]
The Noncompete Dilemma
As is the case in most ethical scenarios, intent, communication, and action are key. Employee turnover can be costly and disruptive. To mitigate their risk when employees leave and to protect intellectual property and trade [...]
For the 2nd Time, RCN Capital Appears on the Inc. 5000 List of the Fastest-Growing Private Companies
South Windsor, CT, August 16, 2022 – RCN Capital, the leading nationwide private lender for real estate investors, has been named on the 2022 Inc. 5000 list, the most prestigious ranking of the fastest-growing private [...]
