Sheldon D. Cummings
Mr. Texas Real Estate Investment Company
16 November 2024 | 4 replies
In all fairness, I have never participated in their mastermind group, but I have been pitched grossly over priced so called education programs from people that spend more time promoting and exaggerating what they’ve done in the hopes of getting a check from me with 5 zeros.
Account Closed
Tenants are escalating mold situation
19 November 2024 | 15 replies
The dangers of mold are dramatically exaggerated, and sometimes completely false.Get a professional company that handles mold remediation.
Jason Varga
Wanting to make an LLC/Trust
6 November 2024 | 5 replies
The need for an LLC is grossly exaggerated on BiggerPockets and other websites.
Sharad Bagri
Where to form LLC for real estate in Ohio
6 November 2024 | 5 replies
The need for an LLC is grossly exaggerated on BiggerPockets and other websites.
Walker Hinshaw
Approached by a PM to turn my SFH into a Sober Living Rental: Any experiences?
8 November 2024 | 31 replies
I don't have experience with renting to a sober living company, but I assume that they make a killing.These sober living and assisted living facilities are always showing up on Loopnet advertised at a cap rate of anywhere from 8-25% (not exaggerating... there are several in my area right now with a ~20% advertised cap rate)With returns like this, I can only assume that these types of properties are very high maintenance and labor intensive.You're not looking to be the business manager though, you are just looking to be the landlord who leases to the company who runs one of these lucrative operations.
Mike Harvey
Starting with section 8
2 November 2024 | 8 replies
Landlord’s only option to collect funds for damages is to take tenants to court.More and more tenants are only having a portion of their rent covered by S8, so landlords need to still screen S8 applicants for portion they must pay.Landlord cannot charge S8 tenants a portion of shared utilities – which can lead to the infamous tales of tenant retaliation against landlord by blasting heat on high with open windows during winter.S8 caseworker response times can be very slow, as they are usually overworked & underpaid.Again, overall it’s a pretty good deal for a landlord that does some decent screening.Exposing Section 8 Housing | Tenants From hell 243 - YouTubeLiberals Blame this Eviction on Landlord Despite the Before & After Footage | Tenants From Hell 241 - YouTubeMy first Baltimore buy & hold investment - SOLD (Lessons learned) (biggerpockets.com)Besides MANY self-labeled "gurus" exaggerating their success, many of them just supply readily available info.If you're too busy to find the info and are willing to pay for it, no problem as you accept their time vs money solution.REGARDING S8 GURU ISSUES SPECIFICALLYMost of them don't share all the facts about how Section 8 actually works.They claim you can get HIGHER rent from S8 tenants vs private-paying tenants.Why would the government allow our tax dollars to be spent this way?
David Taylor
Wholesale or Bust
25 October 2024 | 10 replies
The wildly exaggerate ARV's and do significant markups from contract price.
William Coet
Why Does the Big-Money Invest In Landlord Unfriendly Cities?
30 October 2024 | 35 replies
Contrary to what both faces of the media say - they try and stir the pot and over exaggerate everything.
Adriana Collado Hudak
LLCs for each investment property?
24 October 2024 | 19 replies
The need for an LLC is grossly exaggerated on BiggerPockets and other websites.
Kyler Cook
Christian Investors - How do you tithe?
24 October 2024 | 27 replies
When you can give the facts without have to exaggerate, and when those facts motivate everyone in the room to be more like Christ, you’re doing something right.Thanks for all you’ve done.