All Forum Posts by: Annie Johnson

Awesome Job! 

We will be practicing social distancing and wearing masks when not eating or drinking. We will be seated outside in groups of no more than 6. This is a reoccurring meet up happening every first Friday of the month. 

Really depends on where you are looking. Deals are out there, would be a shame to pass on a good deal just because someone else told you to wait! What if in a couple years you lose interest in REI and missed out on all you could have learned in the two years you decided to wait!

What do you mean by dirty? Like they need to be washed? I found this helpful when googling normal wear and tear on a rental. 

Scuffed walls

Minor markings on the walls can be easily touched up or cleaned, but anything that changes the condition of the wall could be considered damage beyond normal wear and tear for a rental property, such as:

• Large nail holes
• Gouges
• Scrapes

You might be able to specify in your lease agreement that tenants can’t insert screws or nails in your walls. Additionally, some jurisdictions require landlords to paint interior walls after a set number of years (at their own expense) regardless of their condition, so check the requirements in your area.

Mountain running, teaching group fitness (side hustle) and traveling in our flipped rv! I used to ride horses and would like to get back into that again someday :-)

Check out Brandon Turners youtube video- 

Once you know how to analyze a deal you will be able to see the numbers and your ROI. I suggest investing in a pro membership here on BP. Using cash can help you close quicker and possibly up your chances getting an offer accepted over a non cash offer but the more money you have in the deal the less you can use elsewhere. You can take that 100K and invest in 2-3 properties while being able to take out a mortgage and fund your own flip. But if you put ALL of your OWN money in 1 deal it might not have a better ROI than if you BRRRR'ed 2-3 properties. Its really all about the numbers.

But if you find a deal where the numbers work go for it! We are currently about to close on a cash offer. And although the ROI isn't super high the home came with 10 other lots so it has potential to make us a lot more money than the numbers say as just a SFH rental. Hope this helps. We are new to REI.

YouTube -

Its by Branden Turner. After watching this it came so easy to me. I analyze deals in less than 3 minutes!

Oh man! I’m sorry! 

@Alex Kantor

We are a family of 5 living in North Seattle. From all we have read and listened to, house hacking is one of the easiest ways to get a high ROI. After running the numbers in our market it never made sense so we decided to start with long distance REI.

If a SFH works for you short term and when you rent it out it cash flows go for it! But that's never the case here where homes are $700,000+

We own two rentals but rent ourselves here because that’s just the way the numbers have worked for us now. Not sure if that helps. Good luck!

@Brandon Despras

I have never used this tactic but listening to podcast interviews it sounds like people are getting most of their deals through- work of mouth, mailed cards and sometimes spotting a homeowner outside and talking with them. 🤷🏼‍♀️