28 March 2016 | 15 replies
I would not give up a very successful E bay business that you know and is churning money to then go into wholesaling real estate thinkning your going to make a bunch of money so you can buy multi.wholesaling has a 99% failure rate.. its expensive and uber competitive because there is no bar to entry.Not that your asking for advice but I would skip the wholesaling continue to make great money on E bay take that money and buy your income property... spend your time find great deals you want to buy and hold instead of starting a wholesaling business from scratch... why kill something that is working to start something that probably won't give you the result you want no matter if you learn it on BP or from Guru or a book or whatever... there is only so many ways to do RE.. not many ideas are novel or knew.

15 December 2016 | 5 replies
Although I have seen managers over the years move tenants around just to churn fee's...

13 February 2018 | 7 replies
If anything, they can pull some neutral comps in an attempt to educate but it likely won't matter.And I do think that the realtor profession (like a TON of commission-only jobs) will always have tons of churn.

28 December 2012 | 4 replies
Unless you have additional points built in with penalties then your return would go way down as you do not get to churn the points as much.

16 October 2016 | 2 replies
Slowly getting burned and ready to move onto something else.Even though the business itself does not take up too much of my time as I am a huge fan of creating systems, it is quite stressful due to employee turnover and the never-ending race to have quality employees to service our customers.The way I see it I can keep churning on and start investing in RE on the side and keep the business and its cash flow until I see some money coming in from REI, or sell the business for $150-200K and use that money for funding more deals.I have read most Rich Dad Poor Dad books, The 4-hour workweek, The E-Myth Revisited and have listened to dozens of episodes of BP podcasts.

26 December 2012 | 20 replies
Due to the "mentorship" of someone who had more money then, but ultimately failed and became poor, I "churned," bought, sold, traded, oh boy.

14 June 2014 | 21 replies
The amount of management and churn rate of tenants is heavily dependent many times on the area.

29 September 2013 | 16 replies
Buying notes with YOUR money is fine, when you start churning notes and buying and selling, you are in a brokerage activity.

12 August 2014 | 6 replies
Owner passed away, the RM continues to churn out interest debt, and no one has the title without a court order.