A wise investor will not try to get rich quick with shortcuts.

To maximize the number of transactions you’re involved in you will need to:Be Top of Mind when they think about moving - which requires consistent reminders.Be seen as an Expert – which requires a consistent message and Evidence of Success storiesGain their Trust – which requires communicating integritySo, start out by listing everyone you know in an Excel spreadsheet.

Going to find out this week the seller communication has been horrible.

It is very important, no matter the investment vehicle, to do thorough due diligence, ask for track records, know the risks, make sure there is a great deal of transparency and excellent communication with any Sponsor. 

Normally I don't like guru programs, but I've seen many success stories out of Brad's program.I think that is one thing different about multifamily vs normal fix and flip or get rich quick guru seminars. 

Here are a few I recommend: "Rich Dad, Poor Dad" by Roberto Kiyosaki; "Set for Life" by Scott Trench; "The Unofficial Guide to Real Estate Investing" by Spencer; "The BiggerPockets Ultimate Beginners Guide" found here on BP; "The Book on Rental Property Investing" by Brandon Tuner.

If they're inside of the range above, you're overpaying by a lot and the GC, is getting rich off of you.

Being in the STR space, it has been really good crafting descriptions and auto messages that can be used to create a listing on airbnb, your own website and guest communication messages

Clearly communicate these penalties to the tenant.Consider a Cure or Quit Notice:If the tenant continues to smoke despite warnings and penalties, you may need to escalate the situation.

To maximize the number of transactions you’re involved in you will need to:Be Top of Mind when they think about moving - which requires consistent reminders.Be seen as an Expert – which requires a consistent message and Evidence of Success storiesGain their Trust – which requires communicating integritySo, start out by listing everyone you know in an Excel spreadsheet.