@J Scott hey again - took your recommendation from WA Investing facebook group and bought your two books on flipping (music to your ears). 

The best reasons to carry a mortgage are risk mitigation (less equity in the property means less attractiveness for lawsuits) and opportunity costs (leaving money locked up in a house when it could be earning a better return somewhere else).

I don't know the area as well, so if anyone has suggestions in north Dallas or Sherman I'm all ears.

We launched some paid advertising, however the results were bad.About 6 weeks ago I started doing deeper research on his particular business model and I began putting the pieces together to help generate some leads and get him and my sister back to making money again.Fast forward to just over a week ago since I completed his setup, and so far he’s had 5 appointments to view job sites so he may submit bids, and he’s locked up 2 contracts worth $15,500 and $31,500 totaling $46,000 in new business.This case study serves to support any REI professionals seeking inbound leads including…

Contractors of all types (Roof, Foundation, Electrician, Plumbing, Painting, Etc...)


Granted, more of a problem on AirBnB due to their complicity in encouraging ever-increasing automation, but there is truly nothing worse than a late check-in lock-out without a safety line or concierge to assist.  

Also while they’re dragging their feet with their pre-offer inspection, a serious buyer may come in with a real offer and lock the property up.

Do you have an investor friendly agent that can keep an open ear for prospective cash buyers?

Honestly you’re not gonna cash flow pretty much anywhere in the region and to be honest you can “house hack” a rental basically you could rent a room in a house, the biggest reason to buy is over time, the appreciation plus locked in payment looks better over time, frankly that time horizon is about 5 years on average right now, if you expect to be in the region for the next 5+ years buy something I’d probably prioritize buying something your comfortable in for the medium term than “cash flow” which your not gonna find regardless with these rates. 

I used an always locked steel door to do essentially te same thing.

All my units are in A/B class neighborhoods with 95% of my tenants in healthcare - nurses/Doctors and all my units are wirelessly controlled with security system, wireless door locks...