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!

A: "The lady downstairs goes outside to smoke (nice), but her smoke lofts up to my open window."

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. 

This is why some people will then offer you the money, or some of it, for you to release the Judgement.But even if you see zero money, you will have put the screws to these ladies.

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.   

The lady that bought them down was trying to buy an Island in Clear Lake CA that I had worked on with another developer in the late 70s and it could not be built on at all period.. she had this big dream would never have happened but Remington stole her 10k and she went on the war path..

These big beautiful bricks have been here since the early 1900’s and aren’t going to get toppled over by a single or distressed section 8 lady that has been previously stuck in a shelter or one who’s fighting for her and her children’s lives.

Meanwhile, I'm talking to this guy and he said in his other property, the little old lady paying long term rent, moved out, and within a week, the neighborhood people had broken in, had a party, broke most of his doors, stolen all his copper and HVAC, etc.