It’s true that you should be more diligent with vetting tenants - cash flow is great, but a destructive tenant can burn through it pretty easily and put you in the red.

Always full, fat, and happy in this market.Other with rents continuing to increase, but with 10% vacancy rate.

It takes patience, strategic thinking, and a burning commitment to building wealth over time.

I had an investment property that burned down recently.  

Because many have been burned over the past few years investing with sponsors who had little to no experience and investors were caught by the glamourous and sexy returns that were being promised that they were getting four years ago but are now gone from big returns to big losses.So the first question you are gonna have to answer is how do you plan on protecting investors money?

I would be beyond humiliated to come to the office that many times in a row, not caring about bothering someone or stopping them from what they are doing to have them walk their fat pregnant butt to their home to let them in all because they dont care about anyones time but their own!

If anyone does have a property in the area, I’d like to connect, I have a seller financing deal currently under contract which I will have to terminate cause I didn’t do the due diligence on the actual section 8 FMR. 5k burned.

@Cassidy Burns runs a great one which is a nice blend of education and networking.

I don't love taking HELOCS to burn, but if you have 500k in equity, you can safely use up to 250k to buy another property and probably get one that cash flows well by not living there.

With this endeavor, the boats have been burned, the walls will be stormed at any and all costs.Hope everyone is having a great week and ending of the summer!