All Forum Posts by: Justin Brickman

Kinda what I thought as well. I mean if they're willing to leave it for free and they say they did a great job, I would find time to check it out in person. Unless you just don't want to deal with STR/MTR.

0 Votes

Stamford, Connecticut

Quote from @Bill B.:

Unless they’re swingers looking for excitement, why else invite you to look at the place? I’d bring a witness if I ever went. People are strange.

😂😂😂

1 Vote

Stamford, Connecticut

Just wanted to see what other investors goals are and how they have changed and why. I didn’t want this thread to turn into a bunch of negative energy and questioning others. It’s okay to have different goals, strategies and motives. Everyone wants to be the smartest one on here. Just relax lol

And - If you’re just starting out, I don’t think it’s crazy to have a door count goal or revenue goal. It helps build momentum and keeps you consistent, and you can learn on the way. Like everybody always does. And then that’s when you can make adjustments or changes to the strategy

1 Vote

Quote from @Denis Ponder:

I'm targeting something around $20k/month from real estate to add to my retirement from work and SS. At that point, I can travel and do the things in life that make an impact on other people. My dream would be to buy a run down motel/hotel and fix it up and run an orphanage/foster home. Having the resources to pull something like that off would make me proud of what I have accomplished and the people I can help. So many young people just need a chance; I would like to bring that opportunity to them. Maybe that dream can become a reality.

Pretty powerful goal with the orphanage/foster home!! I absolutely love it

1 Vote

Quote from @V.G Jason:

Quote from @Jay Hinrichs:

Quote from @V.G Jason:

Quote from @Jay Hinrichs:

Its an easy math problem for those counting on 100 to 200 a month CF.

@Bill B. @JD Martin to get that kind of cash flow with limited amount of doors I suspect those assets are paid for and nearly so.

I like the paid for assets and limit the doors.. much less hassles and sleep well theory.

100%, this is why people just keep thinking scale is quantity. Scale is equity. Buy quality, not quantity.

As someone who built a 200 plus portfolio of SFRs ( section 8) I can attest that for ME Personally. The Juice was simply not worth the squeeze.. same amount of equity in paid for assets for us is so much easier to handle and buying quality assets.. But we keep our day jobs and I have never thought of just retiring on rental income alone. But thats just me I love being in the transactional bizz and having something to do each and everyday.

I have gone for just quality in my short time as REI. Probably about 5-10% of my income, but 60-80% of my day the past 18 months. Will go to 0% of my down here end of may, but I want this to season some as I complete some other obligations. To me, finding an $X amount or Y house count never made sense. A %-ish of my income, I could see but this obsession with X income or Y doors is insane on here.

You have commented a lot on this forum post for someone who is so frustrated with this conversation lol

0 Votes

Quote from @Jay Hinrichs:

Quote from @V.G Jason:

Quote from @Jay Hinrichs:

Its an easy math problem for those counting on 100 to 200 a month CF.

@Bill B. @JD Martin to get that kind of cash flow with limited amount of doors I suspect those assets are paid for and nearly so.

I like the paid for assets and limit the doors.. much less hassles and sleep well theory.

100%, this is why people just keep thinking scale is quantity. Scale is equity. Buy quality, not quantity.

AS well as I like to interact with RE professionals on a daily basis could not imagine my wholes business purpose was dealing with tenants LOL.. I like looking at deals and helping others with said deals .. more B to B than worrying about if I am going to get a rent check.. Again just personal preference .. Its not work to me its a lifestyle.

Well Said Jay!!

0 Votes

All Forum Posts by: Justin Brickman

Justin Brickman has started 40 posts and replied 464 times.

Post: Wanted: CPA in San Antonio

Post: Best Markets (City,State) for Rental Properties

Post: Good and Bad neighborhoods of Akron, OH

Post: Real Estate Investor

Post: My tenant keeps asking me to come check the property in person

Post: My tenant keeps asking me to come check the property in person

Post: Whats your ideal monthly income? How many homes/doors will you need to achieve this?

Post: Whats your ideal monthly income? How many homes/doors will you need to achieve this?

Post: Whats your ideal monthly income? How many homes/doors will you need to achieve this?

Post: Whats your ideal monthly income? How many homes/doors will you need to achieve this?

Justin Brickman has started 40 posts and replied 464 times.

Rounded Star Post: Wanted: CPA in San Antonio

Rounded Star Post: Best Markets (City,State) for Rental Properties

Rounded Star Post: Good and Bad neighborhoods of Akron, OH

Rounded Star Post: Real Estate Investor

Rounded Star Post: My tenant keeps asking me to come check the property in person

Rounded Star Post: My tenant keeps asking me to come check the property in person

Rounded Star Post: Whats your ideal monthly income? How many homes/doors will you need to achieve this?

Rounded Star Post: Whats your ideal monthly income? How many homes/doors will you need to achieve this?

Rounded Star Post: Whats your ideal monthly income? How many homes/doors will you need to achieve this?

Rounded Star Post: Whats your ideal monthly income? How many homes/doors will you need to achieve this?

Post: Wanted: CPA in San Antonio

Post: Best Markets (City,State) for Rental Properties

Post: Good and Bad neighborhoods of Akron, OH

Post: Real Estate Investor

Post: My tenant keeps asking me to come check the property in person

Post: My tenant keeps asking me to come check the property in person

Post: Whats your ideal monthly income? How many homes/doors will you need to achieve this?

Post: Whats your ideal monthly income? How many homes/doors will you need to achieve this?

Post: Whats your ideal monthly income? How many homes/doors will you need to achieve this?

Post: Whats your ideal monthly income? How many homes/doors will you need to achieve this?