All Forum Posts by: Brice Hall

@Jim C.good honest answer thanks 

@Eddie T.@Scott Schultz@Scott Schuhwerkplz see above

@Stan Sugarman

up

@Dawn Anastasithanks for sharing your examples. But i didn't see any properties that you have rented for less than $700/month. If you do, how about we start a thread. For ROI over 0% i will match $1 for 1$ and pay directly to you annually. For any negative ROI, you will match $1 for $1 and pay me. Up for it? or someone else?

I'm happy to put my money where my mouth is for all the people who think i am just "trolling"

Now, we must treat this an an INVESTMENT. So an ACTUAL property manager who is paid an average rate. MIND YOU in Wisconsin and a whole lot of other states where people think you can make money off of these, you actually legally have to be a BROKER to be a property manager (another thing that every one seems to leave out when they are pitching these as good investments). No slum lording, so house has to stay UP TO CODE. LONG TERM. ETC

LMK thanks @Darren Budahn@Bob E.@Stan Sugarman@Ben Leybovich@James Syed@Andrey Y.

@Audra De Falco

@Bob E.

Where is the example?

LONG TERM?

INVESTMENT? (not job)

I must have missed it.

I've seen some one off's, and a whole lot of people are are going into a career as a property manager.

If this was a good LONG TERM, scalable, INVESTMENT it would't exist so readily. I WISH there was a way to short sell all of you who think this is a good idea because you've had success for a couple years with < 5 properties. 

Are you agents? brokers? Wholesalers trying to take advantage of people who you convince that this is a good strategy? 

DO NOT put all 15K in a "turn key investment" And take what you hear on here with a grain of salt.

You need to keep reserves.

if $15k is what you have, you should prob keep the majority of it in a savings account as an emergency fund. 

In manhattan 

@Bob E.

Lol wow thanks @Andrey Y.

It seems you're the only person who can read.

@Brian Turnboughall real estate toppy as an INVESTMENT I'd suggest buying nothing. If you want a job, sure, you can dig out a few deals here and there but it's going to be a big time commitment for an asset class that's as a whole over valued. Remember TIME is a major convene the in irr. 

@Joe Kimyou're right. Pretty simple math eh?