Forget about those joker gurus, they'll steer you straight onto the highway of debt and self destruction!

Ahhh yes, the joker broker daisy chain survived the covid lockdown!!! 

Luckily at that time I had just enough money stashed in my savings to get us through.

The reason they are called joker brokers is there is no such thing as “being direct” with any seller in this space”.

I did tell him he was being a joker.

The tenant pays the property tax bill, insurance, repairs, short and long term deferred maintenance on all building systems directly -- you collect a rent check and stash some of the proceeds in a capital reserve -You can still get good deals in the 6-7 cap range in strong MSAs with healthy population and job growth rates -Attractive financing available -- you can still get 7-year fixed money around 4.25%, 25-30 year am, and 10-year money at 4.5%, 25-30, for good quality deals Pitfalls to look out for:-Avoid franchisee deals like the plague -Ensure that the guaranty language is rock solid and that the parent company's balance sheet and operating history is strong -Ensure that your lender will accept a very high property insurance deductible -- many of these big national companies are effectively self-insured in this regard -Avoid deals in which the tenant is paying an above market rental rate that's out of line with competing retail space in the immediate vicinity -Try to focus on "daily needs" tenants that sell perishable goods which will make them less susceptible to "the Amazon effect," at least in the short term.

Ah, jump on the chains, lolI suggest you read comments in the note forum, mine and Dion's as to the financing requirements so you don't get hooked by some joker.

Stash cash that you save by living cheaply and as below your means as possible, purchase additional units with that cash, and delay moving out of your house-hack as long as practicable"I'm interested in what the BP community has to share here.

Daisy chains and joker brokers are quickly sniffed out, and you will not make it in the note business looking to assign a note.

First, see if you can dig up the thread from a couple days ago about "Stashing Cash Away."