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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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4 January 2025 | 3 replies
I want to connect with people that already have some Airbnb investing experience to ask a few questions.
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5 January 2025 | 4 replies
Based off videos and research i have done lots of experienced people say the homes should be under $10k.
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5 January 2025 | 23 replies
I'm always down to chat to people about REI, especially in the Pittsburgh market.
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6 January 2025 | 4 replies
I’d recommend listening to the straight up Chicago investor podcast for local information, going to the variety of meetups that are in this great city, and meeting a lot of the people posting here.
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6 January 2025 | 4 replies
I’ve been in this space for a long time, coaching and investing, and I love helping people get started.
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22 January 2025 | 25 replies
Not many people dig too deep on the actual requirements so kudos to you.
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16 January 2025 | 4 replies
These are some of the most successful people; CEO’s, tycoons, celebs, old and new money and investors on the planet.
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6 January 2025 | 2 replies
My father did this in Portland on two properties, for elderly people I think.
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4 January 2025 | 9 replies
Does anyone have any advice for people starting out in this competitive field?