That $200 doesn’t change where I eat, and it’s definitely not worth the clogged toilet phone calls.”What I didn’t realize was that I was being overly conservative—borderline pessimistic—and I wasn’t giving enough weight to all the other advantages of real estate investing.BP Con changed that.

A lot of builders have great deals on paper, and then the project drags too long and eats up most of the margin right now.  

Lowering your ARV expectations upfront helps you stay realistic and avoids sitting on a property too long with holding costs eating away at your profit.

A ten-unit empty property can eat through reserves quickly if lease up drags longer than expected.

The entire conversation was over text because of the language barrier- and I am not comfortable trying to have this conversation in person in Spanish- because my spanish isn't that good.I feel like because I have been a very fair, "nice" landlord- that she expects me to eat the cost out of "good will".

I have used termidor on our current house, where we had termites eating the support joists under the upstairs bedrooms.  

Eats into margins and it's a pain.

She’s been a solid partner for 6+ years and also brings me deals, but the numbers are starting to feel heavy.If I keep her full-service, I free up my time for acquisitions and BRRRR but eat the $112K/year.

What is in it for you is peace of mind knowing you will not get stuck with a deal that eats away your profits later, and it helps you make faster offers on future deals because your system already accounts for the unknowns.

Well, almost all people live in a home with a stove, but that doesn't stop them from going out to eat.