in our area that is a real big deal.. we did another demo and left a few pieces of flooring an inspector came on our job determined they had asbestos in them and we violated taking asbestos items to the regular land fill.. that cost me 19k in fines and 18k in lawyer fees to keep the fines from being really big..

A property manager can be a great asset for regular check-ins and updates.

Now I have done this for syndicators and I think that is a niche thats out their as their EM are 100 to 500k  and you can charge accordingly .. but in the regular resi space were deposit RARELY go above 5k how does this all work.. and how are you going to talk wholesalers who you dont know into using you..

Great information from regular, experienced contributors whose opinions I value.

Remember to post these videos to Facebook Live and YouTube regularly to potentially access a colossal audience of motivated sellers.Final ThoughtsClearly, using social media to attract and find motivated sellers is a great idea.

(I'd love to just do a regular assumption on these, but I've more or less maxed out the number of houses I can buy in my name already)What I've done on these sub-to deals in the past:1.

If you were to say to them, for example, "I see you have a baby coming, so I'm not going to renew your lease since you are regularly late paying now

If you're curious - read it here: https://www.biggerpockets.com/forums/51/topics/1221700-rant-...In closing: The dangers of shifting the timing (of your income, expenses, and business transactions.)A purely mathematical exercise may indicate some beneficial timing for this or that.

Nothing is truly "passive" and a big misconception with new folks wanting to enter the real estate arena.For example, just bought a 6 unit using leverage and trying to secure a loan was a disaster of a process.I can only imagine what others have to go through on every time they purchase a property using leverage.But then again, I'm bias to the "cash only" approach.The constantly changing conditions, terms, keeping tight bookkeeping records and tax returns in order and regularly manipulating the BS credit score algorithm.Placing good tenants is more a skill then hope.It took me 10+ years to fully wrap my head around using leverage the right way and being able to "manipulate" the system to get better rates with a quicker turn around.Keep being great thanks for your reading and replying to my comments 🙏

For example, I think when people look at rental rates in Spain they consider regular annual rentals and Airbnb-style rentals which are two ends of a spectrum and have their respective drawbacks (changing legislation, etc).