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13 October 2022 | 20 replies
That amount of stress, liability, and work just wasn't worth the $2500/mo cashflow I was getting.Nowadays, I focus on mostly B and A class properties, and I'm willing to accept much lower cashflow numbers if I know that my tenants will be highly, highly qualified (e.g.; traveling nurses and doctors, airline pilots, tenured college professors, etc., etc.).
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13 October 2022 | 2 replies
Turns out, I had no idea what I was doing so the project was taking way longer than I would have liked and stressing me out beyond my normal W2 job.
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24 October 2022 | 32 replies
Trust me more people you add, more stress you have.
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2 November 2022 | 6 replies
You could easily be upside down 3 years from now when that tenant moves out and you are facing another expensive turn.) then you’ve created work, hassle, stress, etc, for zero net gain.
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2 November 2022 | 7 replies
I have owned the first one since 2016 and it has been relatively stress free and passive income.
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3 November 2022 | 14 replies
I learned how to be responsible, be on time, deal with stress, and talk with strangers on a daily basis.
5 November 2022 | 4 replies
Challenges were living in construction for 3 years was quite stressful, but made our marriage stronger for surviving it.
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4 November 2022 | 7 replies
Alternatively, you can see a broker first before applying for a pre-approval if you’re not sure you’re financially ready to invest.Buyer’s AgentFinding and buying properties can be complex and stressful—which is why asking a buyer agent for real estate investment advice can make all the difference.LawyerGetting real estate investment from a lawyer can help you maximize your profits and minimize your risks.
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5 November 2022 | 4 replies
If you know the law and put policies in place to deal with problems quickly, you will save tens of thousands in losses over the years, not to mention the reduced stress and time required.Do yourself a favor: buy "Every Landlord's Legal Guide" by NOLO.
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8 August 2016 | 14 replies
Also I stress again to anyone out here looking to do anything historic or needing a variant to read the minutes of our meetings.