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All Forum Posts by: Glenn Hastings

Glenn Hastings has started 2 posts and replied 15 times.

Post: 1st BRRRR Investment

Glenn Hastings
Pro Member
Posted
  • Investor
  • Gainesville, VA
  • Posts 15
  • Votes 24

Congratulations. Keep up the great work. Would love to see the finished product and see what the finalized numbers are!

Post: BRRRR Investing in Roanoke

Glenn Hastings
Pro Member
Posted
  • Investor
  • Gainesville, VA
  • Posts 15
  • Votes 24

@Ernie Gutierrez if you got the the menu and click on ‘Networks’ you can scroll down to contractors and look for contractors that work with investors here on BP. I’m not sure if it’s a pro membership only tool but worth a shot!

Post: BRRRR Investing in Roanoke

Glenn Hastings
Pro Member
Posted
  • Investor
  • Gainesville, VA
  • Posts 15
  • Votes 24

@Ernie Gutierrez Roanoke Rapids is in NC. The city of Roanoke where this topic is located is in VA. Sadly I don't know any contractors in Roanoke Rapids.

Post: BRRRR Investing in Roanoke

Glenn Hastings
Pro Member
Posted
  • Investor
  • Gainesville, VA
  • Posts 15
  • Votes 24

@Scott Welch let’s link up 

Post: Our 1 year journey to 22 units & $10,000/mo cashflow without OPM

Glenn Hastings
Pro Member
Posted
  • Investor
  • Gainesville, VA
  • Posts 15
  • Votes 24

@Jaideep Balekar phenomenal job! Keep up the great work and keeping your head up. You’re making strides that most struggle with because you have your head up and have a clear vision of where you want to go. Proud of you and your wife. Can’t wait to see what comes this year!

Post: How to combat the growing hatred for Landlords?

Glenn Hastings
Pro Member
Posted
  • Investor
  • Gainesville, VA
  • Posts 15
  • Votes 24

@Nathan G. I’m reading a lot of this forum post but most everyone only touches what you asked and then goes on a rant. I am totally with everyone here on these rants but it still doesn’t truly answer your question. I have seen some really good tidbits of changing it from landlord to affordable housing provider. Also, make sure you fill the property with a good tenant.

There are more things you can do though. One thing I do is I give each tenant a move in gift. Usually coffee and a couple stainless steel tumblers that I have engraved with their names on them. But I also send holiday gifts each year. In these little gifts I give a hand written note asking how they are doing and letting them know that I am human too - that I’m not just an entity taking money.

Yes shelter is a basic human necessity and you are providing that, but so is communication and love which comes out of having the fundamental necessities of food, water, and shelter. By being human, you tear down the wall of this stigma. Sadly, people are still going to hate ‘landlords’ but you can’t make everyone happy and you have to be ok with that.

I was a cop for a while and I wanted to change peoples perception of them so I actually became one. I had a game with myself that every individual I would come in contact with I would have to get them to smile - no matter if it was someone asking for directions, a domestic violence call, a speeder getting a ticket (which I didn’t usually write) or a murderer. It eventually turn into an educational thing especially with this ‘ACAB and F12 BS. I began making my mission that every person I would arrest or put in handcuffs would genuinely smile at some point and by the time everything was over that they would say ‘thank you’. I would talk people through everything that was happening and educate them on exactly the steps that were going to take place and why they were going to take place. Let me tell you, it worked - and some of those people remembered me, why? Because I treated them like humans and that I was just like them. Some of them actually came out of their houses and would come talk to me in areas that don’t particularly like cops. One ondividual actually saved my life when a couple weeks before, he would have just as easily have tried to be the other person.

Just some food for thought. You can’t change everyone, but you can change how you are perceived to every one that you come in contact with.

Post: First Flip Property!!

Glenn Hastings
Pro Member
Posted
  • Investor
  • Gainesville, VA
  • Posts 15
  • Votes 24

@Ryan Reddy I agree. My father is a GC. I don’t recommend doing anything but letting them work. They don’t want you there, they aren’t your friends - they are your employees. They have already calculated the cost of the demo and it’s one of those things that could make the project not worth it for them if you change the terms. You don’t want a flip if you only made 10k on this one because the seller changed something, they may have a number that they can’t go under or won’t go under. They already quoted you with the demo included, so let them do it. On your next one, try asking them that, or if you work with them again, ask to see how they do stuff and show interest. That’s how @Brandon Turner did it initially - bring some hustle. Maybe this GC will want to invest with you and partner up!

Post: BRRRR Investing in Roanoke

Glenn Hastings
Pro Member
Posted
  • Investor
  • Gainesville, VA
  • Posts 15
  • Votes 24

@Rich Banks im in the DC area as well. Definitely a great market

Post: BRRRR Investing in Roanoke

Glenn Hastings
Pro Member
Posted
  • Investor
  • Gainesville, VA
  • Posts 15
  • Votes 24

@Brian Beck yes absolutely! Taking the refi money and I just put 3 triplexes and a duplex under contract. Cashflow is much easier but property value doesn’t increase much like it does up here. My current tenant is a cop down there. My buddy was one down there who sold me on investing down there.

Post: Does anyone ever lose motivation?

Glenn Hastings
Pro Member
Posted
  • Investor
  • Gainesville, VA
  • Posts 15
  • Votes 24

@Misael Carlos Vera everyone here has put in some good advice. Most importantly, REI is a numbers game, not a motivation game. Psychologically, we can all loose the drive by negativity but if the numbers work, who cares. You have to teach yourself to not hear what people are saying but listen to what they are saying and pay attention to who is saying it. If you want to do something, you listen to the people who have been there and done that. If you want to become a movie actor, go talk to an actor- not me! If you want to be a Green Beret, come talk to me.

BLUF- millions of other people have done it before you, why can’t you? Don’t let yourself become victimized by yourself. It’s not their fault they make you loose motivation, they can’t dictate your feelings or actions, only you can do that. Keep the course