MTR has been a great balance - a bit less profit (not much) but like 80% less work/stress.

I’ve always stressed that a thorough knowledge of real estate principles, real estate law, and real estate finance is imperative for a sustainable profitable career as an ACTIVE real estate investor.  

and Turned It Into a $269K WinEvery investor has that one horror story — the contractor who disappears mid-job, the project that goes sideways, and the numbers that stop making sense.One of our investors recently lived it.They were over-leveraged, stressed, and had already lost $30,000 to a contractor who never finished the work.

Run the numbers based on today’s rents, not potential rents.Use real comps, verify rents on units within a half mile, and stress test the deal at higher expenses and lower rents.

I have a lot personal stress going on so my threshold for this BS is low.

It’s stressful, risky, and expensive even for an experienced, local investor.  

Always stress-test the deal.We run numbers three ways:• Worst case: inspection delays, tenant slow approvals• Base case: regular turn, normal rent• Best case: new voucher, max allowable rentIf it doesn’t cash flow in the base case, we’re not interested.5.

@Anthony Liguori with how difficult Newark NJ makes it for landlords unless the laws change there are many other options for markets around North Jersey which will produce amazing returns and way less stress for landlord. 500-700k properties in the right area have best shot at hitting 1% rule, even in todays market.   

Stress-test the deal three ways.• Worst case: Inspection fails, low rent, long turn• Base case: Standard rent-ready condition• Best case: New voucher, max rentIf it only works in the “best case” column, it’s not a deal.5.

Responding within an hour makes you 7× more likely to turn that lead into an actual deal.You don’t need to memorize the stats.Just remember this:Speed equals trust.Speed equals momentum.Speed equals money.When a seller reaches out, they’re already stressed, overwhelmed, or ready to be done.