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All Forum Posts by: Rae Copitka

Rae Copitka has started 3 posts and replied 15 times.

Post: Cat Pee House from Hell!

Rae CopitkaPosted
  • Rental Property Investor
  • Roseburg, OR
  • Posts 15
  • Votes 19

There are also janitorial & abatement companies that will come in with industrial grade enzymes and spray, this does NOT cover but changes the PH and KILLS the odor so it won't come back. It's cheaper than demolition and reno, and most will give a guarantee. 

Post: Getting started in private money lending

Rae CopitkaPosted
  • Rental Property Investor
  • Roseburg, OR
  • Posts 15
  • Votes 19

I think the most important detail is to know your partner, then do a detailed LLC or JVP agreement and spell everything out, down to last detail, including an exit/dissolution in case things go bad. Choose an attorney who's familiar with these kinds of agreements and done a dozen or more. I guess what I'm saying is CYA!

Post: Are realtors necessary to correctly analyze deals?

Rae CopitkaPosted
  • Rental Property Investor
  • Roseburg, OR
  • Posts 15
  • Votes 19

That depends on the information your realtor can provide, and what information you have access to. I've found I can do as good a job as they can in most markets. However, it takes a confident knowledge of that market too. It also takes time, so there have been times where my time was better spent elsewhere and I had them do it. It's about 50/50 for me. I think I like to do it because it keeps my skills sharp.

Post: Dishwasher or No Dishwasher, that is the Question?

Rae CopitkaPosted
  • Rental Property Investor
  • Roseburg, OR
  • Posts 15
  • Votes 19

No dishwasher, for a unit that small they are highly overrated and the problems they can cause and wasted space, which is limited in a small unit, outweigh the upside.

Post: Is a negative cash flow property NOT an asset?

Rae CopitkaPosted
  • Rental Property Investor
  • Roseburg, OR
  • Posts 15
  • Votes 19

First, you make your money when you BUY a property, second, a negative is a negative, no matter how you slice it, third, banking on appreciation is risky (2008-2012).

This question and following explanation is a great example of the difference between an Investor and a speculator. 

I hope you take what's been shared here to heart and decide which one you want to be.

Post: Renatus affiliate program

Rae CopitkaPosted
  • Rental Property Investor
  • Roseburg, OR
  • Posts 15
  • Votes 19

Here's the thing; if you're looking for education it cannot be beat! DO NOT look at it from the stand point of selling/marketing the education - It's an education company FIRST - Eventually, it will sell its self, that's IF you want to. I don't think it's stressed enough, you do NOT have to do one to do the other-you can do either, or, or both... the education is worth every penny! Just ask J Massey and Matt Theriault! That's where they got their education....

Post: We got a call from Renatus and we were shocked...

Rae CopitkaPosted
  • Rental Property Investor
  • Roseburg, OR
  • Posts 15
  • Votes 19

I am so sorry to hear about the less than professional experiences people have had with INDEPENDENT & desperate affiliates. 

My experience has been quite the opposite. Everyone is very professional, helpful, knowledgeable, and willing to help in any way they can, regardless if they are making money on you or not! That's how I run my business too, it makes sense.

I'm always looking for great people who want to learn the ins and outs and feel they need a a mentors (you get 1000's) investors, partners, contractors, accountants, attorneys, realtors...the list goes on.

There are good and bad affiliates with ANY company, don't let that deter you. I DID NOT do Renatus to sell the program, that's just gravy, I did it because I need comprehensive education and information in one place that I could refer to often and would ALWAYS be consistent and CURRENT, I needed mentor(s) and partners of all types. And I got it all, from the best in the industry (check out their roster of educators), and more support than I ever expected. 

I left BP a while back to focus on my Renatus education and now I'm back asking intelligent questions, learning more and offering useful advice. I have been nothing but pleased and impressed, and that's hard to do. Over the years I had spent 10's of thousands on other programs and was very disappointed, so Renatus had to prove themselves. They passed with flying colors. I guess I was blessed with good affiliate contacts.

Like I tell everyone, do your due diligence, and if it makes sense to YOU and fits your needs, fills the gap, relieves the pain, then DO IT and screw what everyone else is saying. No one ever made history by following the crowd.

Post: Is Renatus Education program legit?

Rae CopitkaPosted
  • Rental Property Investor
  • Roseburg, OR
  • Posts 15
  • Votes 19

I think it's a great program. With the internet being what it is, you will hear different. 

If you are thinking about this as an education resource, I don't think there is anything better out there, not because I'm an affiliate, but because I've purchased several other packages over the years, and none came close!!! 

Also, it's important to know that several up and coming REI blogers and instructors are Renatus trained, Matt Theriault @ EPIC and James Massey @ Cash Flow Diary to name a few.

If you would like to know more I'd be happy to talk further. Or, if you've already made contact, stick to them until all your questions are answered, I hope you choose to come aboard. Either way, I'm here to help!

Post: Owner Finance not selling in Arlington, TX- What am I doing wrong

Rae CopitkaPosted
  • Rental Property Investor
  • Roseburg, OR
  • Posts 15
  • Votes 19

"owner carry" and "rent to own" are good attention getters. BUT, if you are looking for good, steady, responsible people, consider reaching out to mortgage brokers in your area and let them know what you have, what you are offering, what kind of client you are looking for, AND that you will offer them a finders fee for a buyer. Maybe do up a flyer to take around to your local agents/brokers. 

ALSO, make sure to do your due diligence; check references and previous landlords (ask landlords questions only they would know the answer to), obviously, you need a prospect first...

Good luck!

Post: Owner Finance not selling in Arlington, TX- What am I doing wrong

Rae CopitkaPosted
  • Rental Property Investor
  • Roseburg, OR
  • Posts 15
  • Votes 19

P.S. your terms are reasonable, and I invest in several Texas markets, including DFW. HOWEVER, that said, everything's negotiable and the most important thing is that it pencils out based on your criteria, it's all in the math!