I've found the best gems of wisdom have come from true life stories here on BP.Good luck with the profile picture & we're all looking forward to hearing more about holding RE in Plano, Texas!

Benefits are numerous - economies of scale, easier management for multiple doors in one location, easier to have professional management (and cheaper), one loan for a multitude of doors, and the list goes on.So, is it possible to get to that goal using SFR's, yes, anything is possible, but less likely and not the best path in my opinion.

I am setting up an LLC and I was windering if anyone has any time saving ideas on how to estimate my competitors share of the market in my area.I have found numerous transactions from my competitors.

Obviously that's not going to set me up for life but it is 100% return per property so from that prospective it seems pretty nice to me.As far as purchasing the property we already know who owns it.

After numerous attempts to get one GC to stop talking, I extended my hand mid-sentence and said, "thanks for stopping by."

You need to find your own way.Sometimes i wonder why we chase wealth, while death is not too far off.I admired his courage to be different and looked at his life story as a motivation to never give up.A fine guy and would surely be missed.

Thank you guys for bring me back to real life.

I have had one tenant burn out a ceiling fan because it was so dusty that when it was cleaned enough dirt went in the motor to stop it from working.We use Home Depot life time warantee paint so if a tenant puts holes in our walls it's a 25 dollar fee per hole and if it's scratched or dirty they are charged regardless of how old the paint is because it's warranted as long as I own the home and it's not damaged. ( The tenants are told to hang items on the wall with Command strips ) I use them in my own home and they work well.Our laminate floors carry a lifetime warantee as well so if there is wear or damage from not caring for it the tenant is buying a new floor.

I'll lay it all out there in the hope that some folks might have some useful insights or advice.I've been an "amateur" investor for most of my adult life, typically only having one or two rentals, with one unit being part of a duplex that I resided in.

Wasted 3 months of my life trying to work with a bank who won't budge.Day 93 - Terminated / taken off market.Venting....