The effect of this process is that the portfolio is constantly improving by retaining the best properties and jetison the under performers.I've bought and sold over 1,000 properties, and people always ask me "How many doors?" 

I was wondering when you bought the laundromat were you able to get financing like sba or did you have to pay cash since it was such a small amount in general?

Quote from @Ryan McKay: Quote from @John Underwood: ...We just bought a property with 5k down and owner financing the rest at zero percent.

Then you can take them off-site yourself so you have time until the next changeover or create another option for the cleaners that they go back and finish the sheets and store them so their changeovers will be easier as well.

They do need some updating because most were built in the 1960's, but I just bought a property in June and listed it for rent and had about 50 people ask if I took Section 8.

BP family- I bought a duplex with an attached ADU in a great part of San Francisco (lower pac heights, 94115) about a year ago.

. ;-) I've bought a couple of probates but I found them driving for dollars (unkempt properties) and then tracked down the status. 

We bought a home built in 1900, insurance water damage coverage is 10% of the dwelling limit. 

I assume if the property is bought with a mortgage it will always be valued based on comps. 

First, obviously leverage is the MVP, but this isn't my first interneting, I know controversial titles get more attention.
Second, I’m a recent convert to Pocketarianism. Bogleheads was the source of most of my forma...