No explanation and no clear timeline.The listing exposure was also extremely poor.My property is well-priced, and I’m getting steady inquiries from Zillow and Facebook Marketplace.

Quote from @Abdoul Aziz Bikienga: That’s what I was waiting for and thinking about these kind of explanation thank you so much @Jordan Ray I really appreciate that I will be helpful for me if you share their strategies to me How do you see it the BRRRR method in the next 10 years?

These all require applicants to submit an acceptable Letter of Explanation addressing each specific issue and occurrence.Rental HistoryBecause a current landlord may say anything to get rid of a bad tenant out of desperation, we also require information for the previous landlord of all applicants…Analyze IncomeMany landlords require a month of paystubs from applicants and just use these to calculate a monthly qualifying income…Employment StabilityUnless an applicant has exceptional credit, we strive to determine their stability of employment…AssetsWe are one of the few management companies that requires a bank statement as part of our application process…Letter Of ExplanationAny time there are credit issues or we discover an inconsistency, we require a written letter of explanation (LOX)…UnderwritingTraditionally, landlords have only looked at the income of applicants…ApprovalOnce an applicant is approved, we require a nonrefundable Holding Fee to make sure they are serious…

There are a block of 8 houses which could be rezoned based on the location and geographical boundaries.

My spread sheet indicates an explanation of each expense, the date it occurred and the amount.

You are in a far better position to make the right judgment call than anyone on BiggerPockets because you know their job stability, their communication habits, their occupancy history, and whether their explanation is supported by reliable income.If a tenant is going to be late, communicates, provides a clear reason, gives a firm date they will be caught up, and has a solid track record, immediately serving a notice before hearing them out can come across as unnecessarily aggressive.

The real estate agent I was assigned passed me off to someone else without explanation, and the general contractor stopped communicating with me once I had my first deal under contract.

However, my property manager did not provide any real explanation at that time, and in some cases even stopped responding to my follow-up messages.

Seems like Texas(especially Houston) had a lot of new construction in the past 5 years making a lot of people lose money.I would also be upset if you did not get an explanation or a sorry.You can share your experiences on different platforms so others don't lose money with him or go with his coaching program.Looking to see if other investors hurt by this deal feel there are any legal avenues to pursue together due to lack of disclosure.

No explanation and no clear timeline.The listing exposure was also extremely poor.My property is well-priced, and I’m getting steady inquiries from Zillow and Facebook Marketplace.