In my three units, I have one group of tenants that in their early twenties and like to use the backyard for parties (BBQ, Beer Pong) with 10 plus people.

The only remaining item is carpet, which is original to the building and twenty plus years old.

The 10 Wrong Assumptions made by People purchasing real estate mentorship programsThat being part of a group of people all chasing the same deals, in the same area, trying to use the same strategies and techniques somehow increases chances for successThat the mentor teaching the course and providing “mentorship” was actually successful at what he’s teachingThat all the experienced investors warning about the unrealistic expectations being promoted are somehow just jealous, trolls, or trying to kill someone’s dreamThat 4 years of education, twenty years of experience, and a network of industry contacts built up over a career can be replaced by a 3 day “boot camp” and a 15 minute weekly call to a professional promoter or one of his soldiers reading answers from prepared scriptsThat one does not require knowledge of real estate “principles’, real estate law, or real estate finance in order to succeed at real estate investmentThat the income produced by utilizing the particular strategies being promoted by the guru is going to be able to replace their job income That “passive” income from being a residential landlord is really passiveThat one can be a successful real estate investor with little or no capital, credit, or experience That wholesaling, flipping, etc. is investing.That spending $30,000 or more for dubious information available for free is a good use of funds; especially when you put it on your credit card at 18% interest.

Twenty or more years ago we would have to put an ad in the newspaper with all kinds of silly abbreviations to keep the ad as small as possible, because the newspaper publisher had to be paid for such ads and charged per line of text that was printed.Be glad you can write out as much text as you want, and even include pictures, for a nominal charge.Having said that, there was another thread on this topic where I tried to see if TurboTenant was charging to place ads on the Zillow network of sites; that could be a solution, and even if not they will post to lots of sites to increase exposure.

This is also an unforeseen complication.It's a lot like buying twenty ailing houses in the hood, fixing them up, and slumlording them as D-class rentals with no insurance (NOTE: THIS IS A TANGENTIAL COMPARISON, I AM NOT CALLING MATTHEW A SLUMLORD!).

We are about to expand to over twenty doors.

In order to cover closing, we needed another twenty-five.

We have gone from decades of roaring economy, but now its softening.

I’m in my twenties and it feels like college all over again so it has been super fun.

Bought a teardown at a tax auction, went in and knocked a hole in one of the kitchen walls, found three stud bays filled with plastic-wrapped used bills, mostly twenties but lots of fifties, hundreds. $873K total.