All Forum Posts by: Jeremiah Dunakin

Quote from @DaVina Williams:

I say take it with a grain of salt. There could be underlying reasons why those people are frustrated - bad analysis, contractor challenges, not properly screening tenants. I am also new to REI however, I expect the challenges. I've had a few but not enough to discourage me, mainly because this is what I want. So, when a challenge presents itself, I figure out a way through it. I also consider that I know people personally who are really successful at REI. They haven't done anything extraordinary to be successful so, if they can do it so can I. I get to learn from their experiences as well and they too have challenges. If this is what you want keep going. Listen to their experiences and figure out how to prevent them or quickly resolved them, should you ever have to face them.

Well said. 

Quote from @Darius Lemon:

Quote from @Jeremiah Dunakin:

A.You are 20 life is crazy and unpredictable.the brain is still running at Mach 10. 

B. I would think that the seminars are only good for the person selling the course. Im not saying that they are all crooks but there is soooooo much info on bigger pockets between the forums and podcast. These people here are normal people who have skin  in the game and just want to help for the most part. Are there some butt heads sure, but I have found that 95% people here are pulling for you and want to help. For every parrot talking about creative financing with 47 buisness partners with no money down and made 4 trillion on thier first deal. There is the person who barely got by with thier first rental they over payed for with a broken  pipe and someone cooking meth in thier house that cost them 25k thier first year on a 110k house.It’s ok not to be perfect , or find the greatest deal. These people are the same as you and will help. Save your money ask a bunch of questions on this forum and listen to the podcast. You are 20 it’s great you are trying to do better for yourself. Don’t stop. You are gonna be great. 

 Thanks for the insight. I really appreciate and needed it

Hey man, I just got my first rental last year. I bought high. I spent probably 20k in repairs instead of 10k. Not a lot went right. I couldn’t get an electrician. I was working 12 hours a day 7 days a week at my w-2 then working on house for 2/3 hours a night. It took me 11 months to get it on the market. It was supposed to take me a month. I thought I found the perfect renter. I have had nothing but problems that a background check could not see. I was discouraged at first. I thought I was achieving my dream. My wife had the I told you so look in her eyes. 
that said the rent has been on time. Someone else is paying my mortgage there. I’m putting 200$ a month in my pocket after cap ex savings on a 105000 dollar house. I can’t believe it. I never thought a kid from the trailer park could do it. I can’t wait to get my next one. I have learned soooooo much that I count the money that I have spent as a college education. What little advice I have in the short time I’ve done this is. No one is perfect. Analysis paralysis is a real thing. Things are gonna happen that you never seen coming. Analyze some deals online. Act like you are gonna make an offer on them. Scout your neighborhood let people know you want to get in the game. Keep trying bro don’t give up. Save your money and invest in you. 

A.You are 20 life is crazy and unpredictable.the brain is still running at Mach 10. 

B. I would think that the seminars are only good for the person selling the course. Im not saying that they are all crooks but there is soooooo much info on bigger pockets between the forums and podcast. These people here are normal people who have skin  in the game and just want to help for the most part. Are there some butt heads sure, but I have found that 95% people here are pulling for you and want to help. For every parrot talking about creative financing with 47 buisness partners with no money down and made 4 trillion on thier first deal. There is the person who barely got by with thier first rental they over payed for with a broken  pipe and someone cooking meth in thier house that cost them 25k thier first year on a 110k house.It’s ok not to be perfect , or find the greatest deal. These people are the same as you and will help. Save your money ask a bunch of questions on this forum and listen to the podcast. You are 20 it’s great you are trying to do better for yourself. Don’t stop. You are gonna be great. 

Quote from @Brandon Caynor:

LVP is nice. That is what I normally put down. If you are installing yourself do yourself a favor and get the planks that are wider and longer compared to others. You'll be able to put it down a lot faster than several rows of thinner boards. I've used a few different brands but the LifeProof ones seem to work well and click much easier than some of the others ones I've used from Lowes even though it costs a little more. For color don't overthink it. Go for a light or dark brown. Gray was in, but now it's out. I don't think any natural wood color you can go wrong with. 

Agreed the life proof snaps together so much easier and has a sound dampening material and pad built in. We tried some from menards. It was trash the flooring would not snap together. We had to return it

Another perk of vinyl is the ease to put it in. My 14 year old daughter and my self put it in our rental and she did 95% of work. You can save money on labor big time by doing it your self. 

I’m spending the money on a toilet lid. 
1. if she wants to have an attitude and throws toys in herself “just to show you” then you got plumbing issues and a disgruntled tenant over 20/30$ 

2. I would expect if I rented a home from someone that  there is a lid on the toilet. I think that is kinda just being a good person. Without trying to sound harsh I feel like this is one of the reasons we have to jump through hoops with code and other things, because people don’t do the right thing unless they are made. 

Since you ask from a biblical perspective. Do not lose sleep over this. When these were spoken times were different. 
1. pretty sure we talking about sin and not actual money.

2. In  the event it is money . New Testament Christians were outcast,rejects, and matyrs. In that time women were not allowed many of the rights they have today. People who converted to Christianity a lot of times were not allowed to share family inheritance or even trade with locals. They were extremely ostracized and persecuted.They were beyond malnutritioned. That said there was absolutely none,zero,nada social programs. You starved you died end of story.In America our poor a lot of times are borderline obese. People are so well off as “poor” they sell their food stamps, section 8 while spending 300$ a month on hair and nails. Todays Americans poor are close.

3. No doubt in mind that New Testament Christian’s would biblically would agree with that. This is not a case of ‘grace’ this is abuse.Do not lose sleep. 

I don’t think the Bible is speaking of money necessarily there. I could be wrong but I believe it is more of a sin issue.

It all matters how much you plan to use them. I started out woodworking. I bought ryobi as that’s what I could afford. I used the mess out of ryobi and had no regrets with it and would recommend them. That said as my batteries started to die I have switched over to the Milwaukee platform as they had more options at the time. Milwaukee is what I use now including thier Packout system. I have remodeled three houses with it and do all my my own maintenance. Tools are a hobby for me as well.can’t go wrong with ryobi but if you got a bit more money Milwaukee is fantastic as well. If you don’t plan on doing repeated remodels get ryobi or baurer. If you plan on doing extensive work get Milwaukee 

Awesome job