While many gurus glorify the strategies they’re selling through courses or books, methods like BRRRR aren’t easy and can put you in a tough financial spot if you’re not careful.

Now he needs to participate in the payout to investors who lost money when the properties they bought through GEG were never renovated, even after they paid for those renovations.I will be contacting the SEC and FTC so they can take care of it.

He was happy he was getting a good steady rent check and know his property was well taken care of, and I was happy I was able to Airbnb with less expenses than had we owned the place. 

I would be very careful about what neighborhoods you invest in, though; Cleveland has some serious war zones. 

Didn't get an home inspection because the lender stated they'd take care of the inspections.

Vet potential partners carefully and aim for relationships that can grow with your portfolio.In this higher interest rate environment, focus on cash flow and creative financing options like the HomeStyle rehab loan or seller financing.

@John Kim @Travis Biziorek is 100% correct.S8 really isn't difficult, but it's not the answer to everything that the self-proclaimed "gurus" make it out to be.With S8 tenants, you're just trading one set of challenges versus direct paying tenants.When we advertise a rental, we take the best tenant we can find, immaterial of their source of rental funds.You want to be careful investing in the City of Detroit because there are a lot of "crooks" trying to sell you Class D properties dressed up to look like Class C or B.Connect with us or Travis for more info!

Applicant credit scores should be treated with a high level of care and should not be handed out when they aren't assured that you are locking them up and taking due care with private and sensitive data.So, many places, including the screening company we used for years before moving to a PM, provide a suitability score rather than the actual credit score. 

I care about collections, not just bodies in the building.

Well I really don't care, I need information and cannot do a darn thing until these are set up!!