All Forum Posts by: Joshuam R.

 I 100% agree with you, our life will continue to grow and prosper. The Earth will continue to rotate around the Sun. Not a serious matter. But an up vote counter stat and post counter stat does not equate to credibility. It only equates even for me that we have a lot of free time on our hands, hopefully because due to Real Estate Investing.

I feel like.... we both stopped listening to our mothers by now lol

Best wishes! I will embrace what a user posted on here, I will move on. Unfortunately, with this post learned that you cannot revised or delete. Only unfollow, will try that now on my own.

 Of course lol, not that serious, we are all laughing all the way to the bank anyways, this for some is research and development, for others just a quick restroom break vent or time killer. 

 100% agree with your Mom. But a down vote would subconsciously (hopefully) make each person really think twice about what they are going to post as an answer, it will help pump the brakes on what is currently happening. Again , I agree with your Mom, but I think a subtle down vote same as up vote won't be a dark negative. 

We want everyone to engage, and cut down on the ones just doing it because the "My/user stats" numbers are new fun game. Maybe even out the playing field, remove the My Stats/Posts count/ Vote count, make that a personal private setting, not public. That way we focus only 100% on actual conversations and thoughtful answers that do apply to the original post. 

Our first SFH has fans by default, our second SFH has no fans. Both are doing good. Will we put fans on the second SFH and future ones. No. I try to make the properties tenant proof and that they feel safe. If a fan is needed the tenant would buy a floor fan. Same way we did when we use to be tenants. What's important is secondary security locks, AC/Heat for all living sq footage, all working outlets, damp rated bulbs in bathrooms, working appliances, fire extinguishers, we do 1 year worth of monthly air filters, which cost way less than ceiling fans, working fire alarms, etc.

Best wishes, good luck.

@Aaron Breckenridge Where does the edited revised version of a post go? Is that an automatic new post. I tried it but it does not show revised version under the original post.

 I do not know how votes benefits, unless is just for personal fun. Thats fine to each their own. This post was not that serious...but out of it member shared some good insights and suggestions. Which I think summarized is a down vote option would be fair and peaceful.

Leaning into the "fun feasibility", I would say create content on OF app, get them bananas from the tree.

Anyone's profile:

- no assets --> skip

- no liabilities --> skip

- $10,000 in your bank account --> Master monthly budget, assigned every dollar, that way you can start cutting out miscellaneous cost, and minimize gratification, entertainment, wasted spending. Frugal living = add more to savings. For your DP and closing cost. Apply for first time home buyer funds/credits in your local county/city. Buy a basic 2/2 or 2/3 using FHA loan or 203k or NACA. A property that you see wasted space that as a window and a vent. That way you can build a single wall/door/ and a corner closet to build equity ($10,000 to $20,000 low numbers, depending on property comps ranges from $30,000 to $50,000) simultaneously hack it. and so on. Now you can cross out -no assets  

-$20 minimum wage 9-5 job ---> I was in this scenario, I looked for in-house opportunities, and vertically grew my skill set , received few raises, and knew my market to jump ship to continue to grow my income and value in such field. But at the same time remained frugal and keep the money in savings put to work as @Joe Villeneuve and others mentioned, get it moving, put that dollar to work for you.

-Location: Seatle, Washington ---> love that place.

-Connections already established with vendors, education, lenders, and agents ---> keep this going, everything you do mentioned above will keep getting you ready for the future opportunities with all these connections. 

Best wishes

Excellent Crystal, thank you for sharing. This is good insight and hopefully newcomers can vision this possibility in their future of great Landlord path and apply to their REI goals.

 Exactly, that I believe and see the pattern of the secret sauce, everything in house vertically integrated.

When the business structure is set to always outsource that's when a company stays steady in one particular class type A or B.

Good insights, thank you @John Warren

 Bingo! "Rewarding is when I find that special tenant that deserves a good unit and great landlord." @Mark Cruse excellent point, and that is what I am trying to see, who else see the full picture, and gives it a purpose for these areas. Yes there is the typical pattern, but if done right, firm, managed right we will get to serve the right tenants at the tough zipcodes. 

I think Class A is a type of business to run, and Class D is a whole other type of business to run.

I think that for the ones trying to balance purpose using REI to try and get a few Class A/B under their belt with ++ results, then transition to Class D.

There are good auto mechanics, and there are bad ones. Same with Landlords/Real Estate Investors, and bad ones are at all Revenue levels in an industry that is set to service people.

Thanks for sharing, congrats on your hard work and best wishes.