All Forum Posts by: Dick Stevens

Isn't one of the R's in the BRRR renovate? Doesn't sound like you're following this methodology. Why did you buy the property? What was the game plan going into it and why haven't you executed the plan?

You’re an inexperienced investor on a tight budget, looking to get your feet wet as a long distance landlord?  I’ll save you a lot of time, money, and heartache - Don’t do it!

Why are you trying to hang onto the house?

Getting into the rental business with zero savings is never a good idea.  How much equity is in the house?  Why don’t you just sell it?

I think you’re in over your head.  Today remote batteries, tomorrow could be a bad lightbulb.  Probably best to sell now.

Their reward is that you’re providing their family member with a nice home.  Nothing more is needed.

If it’s a wholesaler tell them the property is as is.  They can deal with the tenant.  Thats why they are getting it for under market value.  If he doesn’t like it, go on to the next wholesaler.

Tell them to pick up a copy of their state landlord tenant laws.  Can’t play the game without understanding the rules.

1 phone call in 11 years.  I call BS on that.  Take a walk.

HAHAHAHA.... sounds like your "team" are a bunch of buffoons.  Not only did they not catch the $0 lease, but then somehow failed to send a bill for 11 consecutive months?  Furthermore, no income/expense/profitability analysis was performed during this whole time?  Maybe you guys aren't cutout for business.