Explore build-to-rent communities or mixed-use developments in emerging markets.

Jeff makes up repeated excuses and strange reasons as to why he can't/won't pay (i.e. family emergency, bank is rejecting wires, software/website is buggy, telling investors to go "f*ck their mother").I'm in a group with 30 other investors who were also scammed by him. 

There are some fantastic cash-flowing properties in the area, especially in emerging neighborhoods.

My main priority (knowing very little outside of what you shared) is to make sure you have funds liquid and available so that you may weather a potential emergency. 

I recommend targeting emerging neighborhoods with strong long-term growth potential, where property prices are still affordable but demand is on the rise.

2023-2024 DECIMATED my already broken finances and killed my 15 yr run being debt free with paid off rentals and a house near the beach in the Ca. Redwoods. After divorce, Covid, work truck (of 21 yrs!) and trailer st...

While our stories vary slightly, a clear pattern emerged. 

This is opposed to saving the $50k-60k to cover major repairs and the extra $30k to cover unexpected emergencies (job loss, health problems, etc.)For context, we have another rental that we bought in September of 2021 with a conventional 30 year at 3.125% and purchase price of $410k.

Weekend work is emergency only and it gets billed out at double our rate . 

Generally, a good property manager will make sure to do the following:- rollout a strong marketing plan - thorough application process - know the fair housing laws- have the vendor relationships to take care of any emergencies that could happen- dealing with late fees & evictions!