You find the right lender and make them an integral part of your team.

It's obscene how much money I've lost on just these two mistakes alone.

Also, like some mentioned, it is a time to get my systems and processes in place as well as build a solid team that can help me reach my higher goals of more units.I will have to get in touch with some of you who can be of a benefit to my journey here in REI.

Because on an economic basis, the Smith’s property actually lost $5,717 ($4,734 operating income minus $10,451 depreciation).

If I can help you to help me I am a team player !!

In this tight inventory market, it's far easier for you to find a 70% ARV home than it is a 60% ARV home to have room for an assignment fee.Obviously, we do it every day in both categories, but I'm also a Licensed GC with dozens of crews, a full office team including a rehab manager, etc... so it makes flipping very easy for us.Flipping is much riskier from a time, money, rehab, construction, crew, theft, vandalism during ownership, lawsuit, insurance, holding cost perspective....but we still do plenty of them.We used to be 80-90% retail flips. 

I’ve lost three tenants because they purchased homes, one moved for work, and another moved out of state.

The TK’s outperform my locals because of the experience of the team and the market.

We are looking to build out our team and have a couple of markets in mind, just wanted to see if there are others from our area with some experience in this.Thanks!

You lost $205k on the deal.