No Free Rides!!

Closing on my HELOC next week, solid Banking, Realtor, Insurance and contracter leads established and looking forward to starting an exciting ride.

With inherited tenants paying below market rents they know they have been on a free ride and will expect changes with a new owner.

Because I've been around lending so long, it was a good fit, my husband helped me get going and I've been fortunate to ride the wave of alternative lending. 

Or, "The kids will enjoy the Dirt Bike that comes with the house and the lot next door to ride it in"By the way, the lot next door didn't keep you from buying the house, why would anyone else object?

No Free Rides!!

So it's not like Turnkey is pain-free, you have to do the work and know how to avoid being taken for a ride, like pretty much any big financial decision in life.I am always happy to provide info to new investors, as it fuels my BP addiction anyway ;) But before you or your friend make any decisions, it's crucial to have a serious heart to heart about what the goals are for the investment and what your needs are with regard to time commitment, risk, and control (do you need to be near the property, do you need to be in charge of tenants?).

Now time to morph into a human sponge😂

From the buy to the rehab to rent and then to the refinancing it has been a real roller coaster ride.

Guy #1 needed to take a shower and pack his things and I'd give him a ride to the bus station.