Hours spent on financing, due diligence, underwriting, or investor decision-making aren’t eligible.

What if your parents would have bought that place in 1975 for $15,000 and told you that in the beginning it did not cash flow and that they were not sure if it was a good decision.

And yet, when I filed to have them removed, the Clerk’s office rejected my writ of possession, incorrectly claiming the case was on appeal.

It’s definitely a balancing act — owners want to protect their investment, but holding too tightly to outdated assumptions (like 2021 rent levels or tenant demand) can end up costing more in the long run.I’ve found the best approach is setting clear expectations upfront with a manager: define thresholds where the manager can act without approval (like minor repairs or small rent adjustments) and bigger decisions that require owner sign-off.

More and more, I make less than optimal financial decisions in exchange for ones that are decent financial decisions, but great happiness decisions.  

They should also do the upgrades you recommended, but saying that $1800 is top of the market is incorrect.

For the Kent property, your hours can qualify as long as you’re making the decisions, though IRS guidance can be strict when a property manager is involved.

With each deal, you sharpen your vision for the future, strengthen decision-making, and build confidence that goes beyond financial rewards.

Much of the wholesaling advice here on BP is outdated and incorrect. 

How they are removed, what will happen if a decision is not unanimous.