It's too easy for the crooks at RW to point the finger at others and say We had nothing to do with it.

At this point, I can only cross my fingers and hope the government doesn't have enough resources to investigate all of the wrongly filed BOIRs.

So once again it’s off-line and I have guest that just checked in and I’m keeping my fingers crossed that they can hang in there until I get home in two days.

I was doing a lot of legwork and still paying RE agent for the transactions up until got my own license.pros: no commissions in your transactionseasier qualification as real estate professional to offset high W2 of spousecan get access to any house/ easy logisticsmore control in the transactionMLS access with all the information on tip of your fingers, you can move fast with the deallicense knowledge helps to make better decisions and gives broader understanding of the industrycan legally do property management for others, wholesale (many states now making outlaw to do it without license)cons:need to take an exam (it needs preparation and to be good not just barely pass you need to study)fees you pay along the way (MLS, brokerage(I signed with investor-focused on and have a monthly fee and a transaction rate))self-management including taxes and feesneed to relicense + paid education

I meet the potential tenant at the house this evening - fingers crossed!

Fingers crossed that these numbers continue to trend upward and translate to a successful fall season for you and your managed properties!

Currently the BP podcast is sponsored by a company called vacasa. i have been using vacasa as my management company for two summers now to manage my property in the finger lakes. 

Lots of BS excuses and finger-pointing at their hired out Accounting Team for this.My biggest concern now in terms of this one investment is that they are way over-leveraged and are in a position where they will need to refinance soon which will likely result in negative cashflow with interest rates where they are at.   

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $250,000

Cash invested: $65,000

This is my first flip. Came out great but still on the market. Numbers are a little...

You will also get your finger on the pulse of the foreclosure market.