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31 January 2025 | 23 replies
I don't recommend throwing the baby out with the bath water, and definitely make sure you understand the nature of the Mentor you choose.BP is a great resource to meet some amazing people.
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27 January 2025 | 7 replies
.#2 MINDSET: Just like some people will NEVER become real estate investors regardless of time, money, related profession, - MOST people will never become real estate investors.
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12 January 2025 | 2 replies
The rental market is strong due to students and digital nomads.Managing a couple of tenants would not be too hard but managing a dozen, on the other hand, would be a nightmare.I am a bit torn.
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7 February 2025 | 5 replies
I’m not in Tyler, but I know how important it is to find like-minded people when starting out.
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3 February 2025 | 2 replies
Every tax season, I see people unintentionally overpaying the IRS.
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27 January 2025 | 12 replies
People even do this in Vancouver though it must be extremely challenging.
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30 January 2025 | 19 replies
I'll send over some of my go-to recommendations for the people above.
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5 February 2025 | 38 replies
Prefer keeping this kind of stuff behind closed doors if possible and sorting it out without revealing dirty laundry.I would have been in the same boat as many other turnkey providers that are no longer around if I didn't focus on limiting how much business I take on.And even with my stupidly strict criteria, we still copped the brunt of the sword.Business is business and people are people, sometimes things just don't work out.It's a true shame but such is life.I always want whats best for everyone and for every deal to work out and for everyone to succeed.With the best intentions, mistakes are still made.Those that work hard and do their best, will also make mistakes unfortunately.Again, I sleep in peace and whenever I F@#$ up, it's an honest mistake so crucify me all you want.Thank God, never been sued and back round is squeaky clean and I intend to keep it that way.Less is more and when crisis does arise (It always eventually does no matter how much you prepare and do your best), we can hopefully rectify and do our best to fix.For example, just had an investor loose $50,000 on a deal and the next few deals we are working for free for this investor.We don't have to do this, we want to...Not sure how we would be able to accommodate such an instance if I had 50+ investors loosing that much so I guess my stringent on-boarding criteria has saved our A$$ for 10+ years now.Granted, I'm burnt out on folks and have pulled back even more from doing our "measly" 4-5 turnkey deals per month and have decided to focus on just building my own portfolio.Like I initially intended when I moved to this country in 2012.Thanks mate and keep being great
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29 January 2025 | 8 replies
And at the top, you need three key people: an artist (to deliver a great product), a manager (to keep things running smoothly), and an entrepreneur (to drive it forward).
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5 February 2025 | 9 replies
welcome. it can be profitable but do your due diligence. network with people that are doing it and try to see if can find mentor.