Another master lease signed this afternoon: A lesson in solving others’ problems – IN FLIP FLOPS - + My Mistake

[J. Martin]

In the last 24 hours, I took a headache off a busy man’s (dad’s) hands, am hooking up an international student with a baby w/ new furniture, baby stuff, and a place to live, and borrowed 5yr funds supported by the cash flow from this deal to back-fill the equity I put into my last 50/50 fix/hold purchase, ALL WHILE WEARING FLIP FLOPS ;) , and most of the work will be done as I’m on a train to visit family in San Luis Obispo for Tday! ;) Thank you Real Estate! And I made a big mistake! See below..

Yesterday: Got a call from a too-busy landlord who wanted a reasonable price for their property (actually his dad’s property). I told him to call me if he's ever too busy and just wants a flat monthly rent whether or not the unit is vacant.. He runs his own retail jewelry/gold business, 6 children, even more commercial & residential units, and doesn’t have any time! I am renting out several units on a long-term basis from him already, and always pay early, with a smile, and buy precious metals from his shop when I visit to pay rent. Why him? Because I saw an opportunity for us to solve each other’s problems. Also, as @Aaron Mazzrillo 's mindset about controlling RE. I didn't understand before. But now I do (more)! Looking forward to doing the podcast now that I have a little more time after the Summit..