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6 June 2024 | 3 replies
Your tenant didn't pay, you allowed it to go on, so now your tenant knows for certain that you won't do anything to them and they will steal these final five weeks and leave you hanging.Once the tenant is out, change the locks and start turning the unit around quickly.
5 June 2024 | 5 replies
The dilemma i face now is that I can’t decide if it makes more sense to embrace the c class identity this property gives the impression of, or put a lot more into the renovation, get better quality tenants and convert it to the B class property that the building (and the area) should/could be.
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5 June 2024 | 21 replies
WARNING: THEY will Steal youR money and DIP
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5 June 2024 | 6 replies
Think of it this way - you have two communities with 1 bed 1 bath 900 sf units.One has a HOA fee of $350 and another identical is $650 - which units will have higher valuations?
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3 June 2024 | 12 replies
There are plenty of other legitimate lenders available.After this post I found they had an address in San Francisco that had a bank website that was identical with all the errors.
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5 June 2024 | 13 replies
No, material costs sit nearly identical.
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4 June 2024 | 10 replies
The idea that you can build wealth without putting any money into it is a recipe for disaster and the sales pitch of gurus trying to steal your money.
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2 June 2024 | 13 replies
It’s also a lot safer to use a cc to protect against identity theft.
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4 June 2024 | 10 replies
Hey mate,Sorry to hear about your troubles.I've been offering "true" turnkey properties for 10+ years now and have many scars to prove it.There has been and still is a huge stigma surrounding the industry and rightly so.The very best rated in the industry sometimes get blasted on the forum.Like with any business that has stood the test of time, we have had our fair share of successes and failures.We have done very well for many investors and could have performed better for others.Many times, we are to blame and other times it was the investors fault IMO.One thing I have always claimed is that we don't steal, cheat or lie and my team and myself work very hard and always make decisions with investors best interest at heart.Personally, I believe that folks that work hard and do their best shouldn't be crucified for an honest mistake when it happens.But, I guess others aren't as reasonable when it comes to such situations and I don't judge them for it.I take the punch on the chin and still continue doing my best.Over the years, I have made millions and lost millions but only blame myself when I loose.Not others.Also, I've always preached to start slow and only use cash which has cost my business 90% in sales volume.I just don't believe that investors should use leverage when first starting to build their portfolio.Reverse engineer and base all real estate, business and even life decisions from a risk analysis worst case scenario standpoint.If you believe that you can absorb a worst case scenario outcome, then pursue the opportunity.Build a strong foundation with cash owned properties and gain experience first."
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1 June 2024 | 2 replies
But I'll need to build the road myself, which will likely be costly (especially since it'll involve clearing some trees first).Next to the property I'm buying there's a second nearly identical lot for sale that has the same access problem.