His knowledge and expertise in the field are unmatched, and he has a knack for breaking down complex concepts into easily understandable terms.

Purchase price: $312,500 Cash invested: $90,000 Sale price: $425,000 This is a home that we are now kicking ourselves for selling!

As long as you can prove the costs are directly related to restoring the driveway to its original condition, it's reasonable to charge the tenant for these damages using their security deposit.

As long as your purchase price + rehab costs are equal to or less than fair market value then you're good to go! 

Build up your cash reserves people...

Purchase price: $145,000 Cash invested: $8,000 This 2 bedroom Condo with a garage was fully renovated by the owners before moving into a house and holding it for a rental since 2001.

Evicting the Smoky Late-PayerThis tenant sounds like they’re giving you more ash than cash.

I have even seen twice city inspectors walk buildings for other issues that have illegal basement units and as long as unit looks like a legal unit (normal ceiling height and two egresses) they didn't even say anything. 

If you can build fro around 200-250k per unit, it may seem attractive, depending on time frame, debt terms, and the ability to achieve 2k per month in rent.Great product to build.

Once you make this loan, you’re stuck for a long time.