The worst market if you want a good rent to value ratio.

Mistakes are your best teachers in life.

Look up real estate workshops (same company different name) and read about all the complaints 😎 😅 I’m one of the ones that bought it because I wasn’t sure if I really wanted that much hand holding, if I’d make a $35k mistake in the process and MAYBE they could help me and MAYBE I didn’t want to pass up on the opportunity.

I believe that you need to teach people how to treat you and I already made the mistake of texting with them initially and now am paying the price by having to respond to texts via email.

He explains that this process is a never-ending loop within a cycle.When you mention how easy it is for GMs to blame the market, I assume they are not learning from those mistakes and therefore not increasing their knowledge within their cycle.

That was all that was available at the time.But because I didn't have someone available to fill in the gaps, I also made a lot of mistakes and lost a lot of money.What I decided was needed to be successful and to keep what you've earned:1.

Probably biggest mistake was how long we took cleaning it out.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.

These are real costs that hit your bottom line whether you like it or not.The biggest mistake I see from new investors is taking the revenue and minusing the mortgage payment and calling that cash flow.

The only exception is when we have "Santa Ana" winds from the East in the fall, which are absolutely glorious days on the coast, but summer tends to be one of the worst weather seasons.