Hell, i've seen attorneys volley contracts back and fourth with each other for months on end arguing things like the meaning of the word "the" in "the contract".....All while racking up those $500/hour billable hours of course.Case and point, I won't change your outlook on the industry.

With all the resources available today to research and learn about the industry, I’m surprised this “easy money” mindset persists.To me, real estate is far from passive or simple.

If this was me, I would leverage my equity into a commercial office/retail/industrial multi-unit or multi-family property.

I took my thrashing as you know in 2020  I do know some of my clients that sell turnkey have been keeping the houses and doing BRRRR instead of selling them to investors that part of the market has slowed signficantly for many in that industry.

Thank you.Good morning, Joel - What you are describing is a very common practice on the private lending side of the financing industry.

Hi All,I’m excited to join this platform and connect with other professionals in the real estate industry.

So far, I am just breaking into the industry with a single-family buy and hold  strategy that, from what I can tell is basically the BRRRR strategy.

When I see deals that do pencil for an investor, the LTV is 60% or less (I deal with mostly retail and industrial). 

Where these numbers are found, there is a very high rate of rent actually being paid.We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.

I was able to build a great understanding of the distressed 2nd mortgage industry.