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22 January 2025 | 10 replies
If I can stomach it, I’ll keep listening.
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24 February 2025 | 28 replies
They only want to do the bare minimum to keep places occupied, collect and distribute payments, and send out their preferred repair people.
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24 February 2025 | 30 replies
The reason you get it is not to cover guest damages but to keep your property compliant and covered.
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22 January 2025 | 2 replies
Biggerpockets has a ton of free accountability groups which will keep you on track for your first investment and also teach you along the way!
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27 January 2025 | 15 replies
If you have no facts, then yes an appraisal can be your ticket, but also keep in mind how your state manages assessed values.
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20 January 2025 | 8 replies
@Scott Stamps I'm skeptical of many of these programs but for sure I'd pass on any 'guru' programs where they are struggling to keep their own deals afloat, as ODC is.
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19 January 2025 | 0 replies
I keep hearing that it's not the best investment right now because of the downturn after COVID.
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20 January 2025 | 1 reply
Alternatively, I could explore loan recasting, where the lender recalculates my monthly payment based on the reduced principal, keeping the original loan term intact.
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13 February 2025 | 22 replies
@Travis GuttingAssuming you are trying to keep things low-budget, here are some options:Driving for Dollars – Look for distressed properties and contact owners directly.
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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