Just starting out and am leaning towards Turnkey in Indianapolis and then branching out into other markets. I'm interested if others have used Turnkey providers effectively to build large portfolios. @Brandon Turner...
1) Not keeping enough reserves. Big expense hits and owner cannot handle it
2) Fix/flip - unforseen repair needed. Too many deals go bad.
I'm curious to hear how RE empires go down during recessions.
I own a single Cabin in a vacation town in WA state that I use as a family vacation home and STR. When I first bought it 5 years ago I lived 2 hours away, had never owned an STR before and worked full time so it made ...
What is your biggest gaf/stupid mistake that you have made in your career so far?It may include you ending up with egg on your face, missing something extremely obvious, or making a beginners mistake. I am sure we all...
I hear this ALOT...
"I had a great PM company, paid them $X but they are gone, had to fire them. They were great in the beginning and then..."
What makes them great at the beginning?
What are the biggest let downs?
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Update - Kris Thomas has now really crossed lines here. I was a student in the course and upon realizing their promises were not fulfilled and they were breaching their contract I requested to renegotiate. When my ame...
Related to the "Car Enthusiasts" thread. What vehicle(s) do you drive now and why was it your choice?
Houston, TX. I decided to jump in and buy a house and now I feel like I have backed myself into a corner. I bought a single family house with a detached apartment for $250,000. I'm living in the apartment and renting ...
I have looked at 50-100 deals in my area of West Los Angeles. It is difficult to find properties that are cash flow positive after expenses and debt service. Basically, the deals do not look very attractive. I am curi...