All Forum Posts by: Andrew Carlson

@Elijah White

Keep charging ahead man. Don’t let this slow you down. If anything, let it stoke your fire! When you have 200 units and your a wise old investor, you’ll look back with nostalgia at the days when you were just getting started. I’m just getting started myself. There are hard days, there are bad months, but I’ll power through. And so will you!

@Alecia Williams

What I found travel nursing is that many folks weren’t charging enough. Whatever you think would be fair to charge for a fully furnished utilities included rental, add 20% and that’s your travel nurse rate.

@Paul Sandhu

If you’re from the worst town to live in, you get the worst tenants.

@Daniel Fitzroy

I would do a live in flip. Find a house on the MLS that is functionally obsolescent, meaning it is move in ready, but needs updating. Start doing the renovations room by room until she's all buffed out. By the time your done with renovations, you'll be at your 1 year mark in the home and you can sell to buy another one. Or use your new found sweat equity to buy a rental.

@David Kuhlke

Gross rents are 10x purchase price. That’s too high. $1,000,000 is a deal. That’s 7x gross.

@Ethan Daniel Dacar

No advice other than just keep going man. You got this.

@Charles A.

With a price more than 10 times gross rents I would pass.

@Johann Jells

I’d go with a light oak.

Oak for the durability, light stain for brightness in the unit.

@Jeffrey Donis

Trust, but verify!

@Ravi Ramphal

I’m a nurse. So to me, it seems like EVERY American is sick and dying. That’s just my perspective.

Same phenomenon happens when you are looking to buy a new car, you see it everywhere.

Or when you jump into real estate.