All Forum Posts by: Douglas Gratz

Quote from @Stuart Udis:

@Douglas Gratz If you purportedly are offering this information for free, why not just post where the $1,000/ cash flow rentals are located? Seems like a bait and switch wannabe guru play... We all know the playbook....teach novice investors how to buy in C/D locations where the cash flow appears higher despite the operating expenses and cap ex being disproportionately greater than better situated real estate. Perhaps even teach them how to  obtain subsidized leases that are greater than market rate. Meanwhile, the assets lack fundamentals, and rarely trade for remotely close to where they appraise. However you've collected your fee since its easy to direct buyers how to buy the homes in markets where there's no barriers and hundreds are available at any given time, and the buyer feels like they accomplished something despite sitting on real estate that will never generate real gains. 

 That’s your opinion, you. Don’t know my thoughts do you because if you do, I could use your psychic abilities 

@Alan Asriants and I left out expenses like 10% for repairs at 5% for vacancies because I am so skilled at this I have never had a place vacate for less than one week because I keep them ship shape so it moves out. It takes a day to get ready and then I have somebody in there. So smart to keep the 10% in separate account for repairs and 5% for vacancies and I’ll tell them that but also let them know how I go about making sure attendant moves out a new one comes in. You’re not good at it doesn’t mean other people aren’t because I pride myself on that vacancy solution and how to keep it flowing, but I’m gonna send you my stuff without the address and you’re gonna see how wrong you are and then you can apologize for this post so DM me But it’s quite simple I make about 4400 on every duplex. The mortgage is around $1200 at least $3200 and the rest of the are nowhere near another 2200

@Alan Asriants and you don’t know what you’re talking about cause I’m not competing with anybody. I have 15 calls a day the moment I put a house on the section 8 list I ran into three I had to transition it less than a week.

@Alan Asriants so one I never claimed that was a guru. I’m actually just above the novice I happen to be very smart in terms of being good at everything I do and already answered the question about telling people where I invest that’s just for competition that I don’t necessarily want given the fact that all the auctions are online and I’m already dealing with 1 million more people I used to. Each duplex grosses me approximately 4400 a month. My mortgage is around 1200 and average good shape and expenses are very minimal. Insurance rental license once per year water bills since Section eight doesn’t cover that on duplexes with 1 meter. So don’t put words in my mouth. @Bruce Woodruff this guy, did you know he can read minds and see into my balance sheet haha

@all

Quote from @Douglas Gratz:

Quote from @Alan Asriants:

Quote from @Stuart Udis:

@Douglas Gratz If you purportedly are offering this information for free, why not just post where the $1,000/ cash flow rentals are located? Seems like a bait and switch wannabe guru play... We all know the playbook....teach novice investors how to buy in C/D locations where the cash flow appears higher despite the operating expenses and cap ex being disproportionately greater than better situated real estate. Perhaps even teach them how to  obtain subsidized leases that are greater than market rate. Meanwhile, the assets lack fundamentals, and rarely trade for remotely close to where they appraise. However you've collected your fee since its easy to direct buyers how to buy the homes in markets where there's no barriers and hundreds are available at any given time, and the buyer feels like they accomplished something despite sitting on real estate that will never generate real gains. 

 Yep, exactly what I see all gurus pushing: Class C/D properties, section 8 "guaranteed" rent, etc. 

Those numbers are always great in theory, but people fail to understand what it is like in practice

When you are competing with 50 other units in your block for rent, can't rent the property to qualified individuals, and are dealing with constant maintenance/property/tenants issues, you realize that the returns are too good to be true. 

About 95% of people I have talked to that have preached to me that they are getting into a great deal in these area for these prices, end up wanting out and are trying to offload. 

Low growth for appreciation as well. 

And number one I never said anything about getting a great deal or finding great deals for anybody I simply shared the cash I get and if anybody is interested now and what’s the best way to go about it I’m not nothing not trying to bait and switch get paid, etc.. I’m literally actually trying to work. I want to help people if they succeed I succeeded, the more people that I do the more it’ll pay me back in terms of how the network works if somebody can afford a probably give me a call because I help them out, etc. etc. so just be quiet and stay in your lane because people like trolls just stay in bed  I’m trying to be kind to people who want to get into this business and I don’t wanna die for anybody ever. I want to meet new people. I want to tell people the mistakes I’ve made so they don’t make them , I just read partial of your message. The moment I realize how stupid it was I stopped reading.

 And on top of everything, I think the last thing about my returns,  it’s absolutely 100% possible because it’s exactly what I’m doing and I’m not trying to sell one piece of property so like the old saying says when you assume you make an *** out of you and me so stop making assumptions if you don’t know have a clue about my intentions which really are exactly as I stated in pure nature and when I get out of it is a group of people I helped and in the future, I hope that comes in handy, and I’d like to prove you wrong so if you wanna direct message me, I’ll give you my email show you everything and show you how much of an idiot you are

Quote from @Alan Asriants:

Quote from @Stuart Udis:

@Douglas Gratz If you purportedly are offering this information for free, why not just post where the $1,000/ cash flow rentals are located? Seems like a bait and switch wannabe guru play... We all know the playbook....teach novice investors how to buy in C/D locations where the cash flow appears higher despite the operating expenses and cap ex being disproportionately greater than better situated real estate. Perhaps even teach them how to  obtain subsidized leases that are greater than market rate. Meanwhile, the assets lack fundamentals, and rarely trade for remotely close to where they appraise. However you've collected your fee since its easy to direct buyers how to buy the homes in markets where there's no barriers and hundreds are available at any given time, and the buyer feels like they accomplished something despite sitting on real estate that will never generate real gains. 

 Yep, exactly what I see all gurus pushing: Class C/D properties, section 8 "guaranteed" rent, etc. 

Those numbers are always great in theory, but people fail to understand what it is like in practice

When you are competing with 50 other units in your block for rent, can't rent the property to qualified individuals, and are dealing with constant maintenance/property/tenants issues, you realize that the returns are too good to be true. 

About 95% of people I have talked to that have preached to me that they are getting into a great deal in these area for these prices, end up wanting out and are trying to offload. 

Low growth for appreciation as well. 

And number one I never said anything about getting a great deal or finding great deals for anybody I simply shared the cash I get and if anybody is interested now and what’s the best way to go about it I’m not nothing not trying to bait and switch get paid, etc.. I’m literally actually trying to work. I want to help people if they succeed I succeeded, the more people that I do the more it’ll pay me back in terms of how the network works if somebody can afford a probably give me a call because I help them out, etc. etc. so just be quiet and stay in your lane because people like trolls just stay in bed  I’m trying to be kind to people who want to get into this business and I don’t wanna die for anybody ever. I want to meet new people. I want to tell people the mistakes I’ve made so they don’t make them , I just read partial of your message. The moment I realize how stupid it was I stopped reading.

Quote from @Stuart Udis:

@Douglas Gratz If you purportedly are offering this information for free, why not just post where the $1,000/ cash flow rentals are located? Seems like a bait and switch wannabe guru play... We all know the playbook....teach novice investors how to buy in C/D locations where the cash flow appears higher despite the operating expenses and cap ex being disproportionately greater than better situated real estate. Perhaps even teach them how to  obtain subsidized leases that are greater than market rate. Meanwhile, the assets lack fundamentals, and rarely trade for remotely close to where they appraise. However you've collected your fee since its easy to direct buyers how to buy the homes in markets where there's no barriers and hundreds are available at any given time, and the buyer feels like they accomplished something despite sitting on real estate that will never generate real gains. 

 Why would I create competition for myself when I can help somebody else find a market that works the same, and I was keeping it simple if people want to learn, they can ask me what they wanna know and I can simply give them a straight answer. They don’t have to Google it. They don’t want to do anything. They just get help so everyone hating on this post if you have nothing nice to say, don’t say it at all because you have no idea what you’re talking about in terms of what I’m doing, all I can tell anyone who wants help is how I do what I do and help them find markets just like it. It’s not that deep 

Now that’s not a teaching question, I can’t give it up, it already got saturate because things moved online, (sherif sales) Thankfully some are coming back in person.

Hey friend, how’s it going? I’m making this post because i’ve come to find when you help people things come your way that are good so I want to help you start out in every way possible I will hold your hand. I don’t want any money. From flipping houses to rentals ask me anything message me, maybe at some point I can help you find your first flip or Rental. If you still have cold feet, let’s go we’re going to sell you a house and make you money and you’re gonna get the bug. You wanna keep going because your confidence  is 100%. My website needs to be updated but those are the homes I got from 2016 to 2019. My rentals which I believe is the way to go because every month you get money in your pocket if you’re good enough it’s all about cash flow and I will teach you how to make 1000 per Door, maybe even more