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15 April 2020 | 13 replies
The whole point of property management is to eliminate or lessen pain points for owners.
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7 May 2020 | 15 replies
I wrote the book because I saw a friend of mine lose her entire life savings by making a mistake when investing in a passive syndication.
7 May 2020 | 1 reply
This would eliminate the rental part of the method and I would cash out refi for a down payment for an investment property.
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28 August 2020 | 1 reply
I know it plays well into the Great American Story to go from Nothing to Something, but in reality we don't typically get any awards for repeating mistakes that could have easily been avoided by following the advice of people "wise in the ways of gold" in Richest Man in Babylon speak.
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12 March 2021 | 20 replies
Cash flow is generally better with the MFs from what I have seen though, and you eliminate a portion of the risk as far as vacancy factor is concerned - so that is a good consideration to think about.Pretty standard practice I have seen these days amidst Covid is for the tenant occupied properties to require contract before showing, just to eliminate a lot of in-and-out out of respect for the tenants and their families.
1 September 2020 | 2 replies
I messed up by not house hacking, but I want to correct my mistakes, and get on the right path while I have the tools to do so.
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7 September 2020 | 6 replies
My approach has been to save investors from making expensive mistakes!
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6 September 2020 | 11 replies
I don't know, you're in the gray area (believe me I'm not against paying an honest referral fee).I think the word salad is you need a real estate license if you're arranging the sale of RE in expectation of a fee.DISCLOSURE - AM NOT A LAWYER SO I MAKE MISTAKES AND MAY NOT BE CORRECT!
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26 August 2020 | 33 replies
As mentioned, you will run into issues, it is inevitable, but if you jump from 0-10 properties very quickly, those mistakes will likely become evident on all 10 properties, versus working out the kinks of the first one before moving to two.
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20 August 2020 | 5 replies
Eliminate the freeloader!