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17 January 2025 | 3 replies
At that time we still had Rob, Brandon, David Greene on the BPRE podcast, while On the Market had the round table format with a separate crew.
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23 January 2025 | 8 replies
Understood I made a bad move here as this was first investment so didnt think much except at the location for longterm growth or possibly I move there as part relocation.
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10 February 2025 | 8 replies
Use it as a learning experience as you move forward.
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28 January 2025 | 3 replies
I would get that done before any tenant moves into the basement.
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26 January 2025 | 24 replies
It is done without prejudice and is simply a parting of the ways (eg tenant wants to move to another place, landlord wants to sell the property).
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18 January 2025 | 3 replies
As soon as a tenant fails to pay rent, you can file a complaint without waiting 30 days or issuing a separate notice (unless your lease requires one).That being said, it could be a waste of time/fees to run to court because tenants in NJ may come even on rent (even after you win the eviction case) and then they won't be evicted: “The tenant shall have three business days after service of the warrant for removal to pay all rent due.”
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5 February 2025 | 38 replies
Prefer keeping this kind of stuff behind closed doors if possible and sorting it out without revealing dirty laundry.I would have been in the same boat as many other turnkey providers that are no longer around if I didn't focus on limiting how much business I take on.And even with my stupidly strict criteria, we still copped the brunt of the sword.Business is business and people are people, sometimes things just don't work out.It's a true shame but such is life.I always want whats best for everyone and for every deal to work out and for everyone to succeed.With the best intentions, mistakes are still made.Those that work hard and do their best, will also make mistakes unfortunately.Again, I sleep in peace and whenever I F@#$ up, it's an honest mistake so crucify me all you want.Thank God, never been sued and back round is squeaky clean and I intend to keep it that way.Less is more and when crisis does arise (It always eventually does no matter how much you prepare and do your best), we can hopefully rectify and do our best to fix.For example, just had an investor loose $50,000 on a deal and the next few deals we are working for free for this investor.We don't have to do this, we want to...Not sure how we would be able to accommodate such an instance if I had 50+ investors loosing that much so I guess my stringent on-boarding criteria has saved our A$$ for 10+ years now.Granted, I'm burnt out on folks and have pulled back even more from doing our "measly" 4-5 turnkey deals per month and have decided to focus on just building my own portfolio.Like I initially intended when I moved to this country in 2012.Thanks mate and keep being great
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8 February 2025 | 49 replies
Hey Greg,With $750k to work with, you're in a great spot to make a serious move towards financial freedom through real estate.
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8 February 2025 | 18 replies
Things move very quickly.2.
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5 February 2025 | 16 replies
When you move forward, they should provide proof and name you additional insured.