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11 July 2019 | 414 replies
its not really you or someone of your wherewithal that I would try to protect on BP... from your profile your an accredited investor and if you think buying low end rentals is a good investment then thats you prerogative .. its when you get on here and influence the newbies .. because if you read the post on here most of those considering morris invest are new and buying their first deals.History has proven those price points to be highly risky.. and for anyone to say they are not simply has not enough experience in the space.. to say that there are no vacancies or very little is simply not reality and or no maintenance ... you have folks that travelled to the city looked at the product reported back that the rehabs were the opposite of what your talking about.. you simply cannot do all that work in a 40k home.. not enough money in it to do that.
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22 December 2022 | 10 replies
Hello, David Greene talks about this constantly on his podcast that there is not enough real estate investor friendly agents from coast to coast ;I have made a decision that i will specialize in working with investors only in my market; I have joined local REI and have been very vocal to my sphere of influence My question for other agents on this forum how did you become the go to person in your market (Investor friendly real estate agent)In addition is there books or courses that i should look into that will help me become more recognized in my local market ?
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19 December 2022 | 19 replies
You (almost) never draw a W2 salary from being a landlord.Rich Dad examples are for a completely different scenario, such as potentially running a store or a gym or being a traveling guru teaching others about creating corporations and writing fiction books about fictional characters who supposedly influenced you. ;)Fringe benefits of C-corporations are extremely limited for their owners even when it is appropriate to consider a C-corp for some other reasons.
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21 September 2021 | 3 replies
Here is my opinion.Wholesaling is getting a house under contract at discounted price and then assigning that contract to a cash buyer.YOU DO NOT NEED A MENTOR to put your name on a piece of paper and then selling that piece of paper.And especially lately, I have been going hardcore on these damn YouTube influencers and gurus behinds calling them out.Do you know what they teach you?
23 December 2022 | 2 replies
Instead of being influenced by extraneous factors, crunching the numbers on a multifamily property will quickly give insight into project.
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27 September 2022 | 10 replies
Also, they don't want outside influences talking to the appraiser for fear of influencing the appraisal report.
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23 September 2022 | 11 replies
And THAT is why all you gullable little Hoomanz still idolize your favorite little youtube influencer worshipping the dumb ground they walk on.
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2 November 2021 | 3 replies
People confuse opinions with fact, and that is dangerous.If an agent makes a mistake and gives you thw wrong number, it is your *** that goes bankrupt in the end of the day.I see so many REI influencers talk about find out what you are good at and resource out what you are bad at.Or the "not how but who" mentality.
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3 November 2022 | 16 replies
It is not them that make the offer or has any influence on the offer.
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14 July 2022 | 8 replies
Cold calling and networking works best The problem with YouTube University is that every gaaahhdamn clown is a self proclaimed expert.Case in point: The biggest influencers... do you know what they do?