All Forum Posts by: Milian Bonillo

@Trace Wilson Meet Up is an app with a lot of REI groups on it. Some might be holding online meet ups because of the current virus situation.

Google the terms real estate bird dog, real estate investor, driving for dollars, and add the word gig or job after each of those terms. Look on job sites like Indeed and Linked In, etc. The goal is to get connected with investors who need someone like you-interested in learning and eventually investing.

A lot of people on the West coast invest in the Midwest. You could be their “boots on the ground”, checking on their properties for them, taking photos, etc. You could be hired to drive for dollars as part of a street team. You’ll learn how to use Deal Machine and learn about how to find distressed properties.

Join Facebook groups where there is a national pool of investors. Post that you’re in whichever area, and available to work with investors who need someone local.

Save the money you make on your gigs and buy a book or take a course on investing with no money down or wholesaling. Some wholesalers save their earnings and then have a down payment to get their own property.

@Kelsey Gabhart many real estate investors are aware that Zillow is notorious for inflated values. One easy way around this flaw, is to select the area you are trying to find comps for and click the option for sold properties. This will show you what properties in the area actually sold for, and you can bypass the inflated value projections.

@Kelsey Gabhart have you checked comps on PropStream?

@John Sharpe good for you John! Your actions made a difference.

@Victor Rosario his course is excellent and a good value for the price. He updates it often as new information becomes available or when students ask questions about things and he believes the info will be useful for all students. Highly recommend!

Your tenant could be a jerk or have a psychological or mental issue. Sounds like she’s spending a lot more time sending long texts than what the situation calls for. Could be drug abuse as well. I would end the tenancy through legally-compliant action as soon as possible. 

The lack of cooperation, lack of communication, disrespect and the harassment are not things I’d expect to improve. You can also check with your attorney on the best way to proceed. 

No worries and you’re welcome! Nick has taken Barry’s course and a lot of others. Also check out Kim Harris, the Legacy Creator. 

This sounds like a nightmare waiting to unfold and not because of how you phrased the question. If the work is sub-standard, not done to code or within your timeline, etc., do you really want that dynamic with your tenant and still need to re-do the rehab with them in the space? What about exit strategy? If you don’t renew the lease, will they feel entitled or retaliatory because of their sense of sweat equity put into the deal? I question the judgement of these would-be tenants and think they should look for an apartment better-priced within their budget. 

I agree Taylor. It is the right way to do business and not be too emotionally involved to walk away when numbers mean it isn’t a good deal anymore. 

Thanks Wayne! I ran it by my accountant and he said I’m fine proceed with it.