7 July 2021 | 68 replies
Offers were signed via docusign, final documents at closing, I had to get a lawyer locally to go through the documents and witness my signature and in the area where the property was located (different province).
30 June 2023 | 100 replies
(Michael P - Nice wit; well done!)
19 August 2024 | 244 replies
Yet, you brag that you've been here since forever, and I have personally witnessed your BULLYING in several topic forums.
3 August 2023 | 33 replies
Hi Anissa,Congratulations on taking the plunge into real estate investing 👍Stick with the Midwest for cashflow.I've always liked Ohio, Indiana and Michigan.Just make sure you have a "growth mindset" when it comes to these cash-flowing markets.Most tend to be tertiary markets in somewhat lower socio economic areas.To achieve a nice return on investment you will need to build a larger portfolio.Over the years, I have witnessed many investors getting frustrated in not achieving desirable enough returns when owning 1-2 properties.Find the right team first before looking for deals.The team can either make or break your investment.Wishing you much success.
16 October 2023 | 17 replies
As a turnkey real estate investor and owner of a property management company, I witness a persistent misunderstanding around turnkey investments.
24 May 2024 | 42 replies
Still at it mate,Just walking now and not running.My knees can't take the running anymore and I have witnessed what the quiet life is like in Europe for a few years so that mentality is still engraved.Although, this amazing place still pulls a man's will for more hehe
5 August 2024 | 21 replies
Hi Kevin,I'm a big fan of buying with cash and my thought process is quite contrary to everyone else's.Cash is KingCashflow is QueenLeverage can be a peasant lolOne can retire investing in Toledo with $1m in cash.Off-course, this all depends on how many villages you need to feed 🤓I have too many "villagers" on my back so it's a bit of a different story for me.Sub $100,000 markets like Toledo require volume to work and to be worth the risk if you are looking to buy and hold.Not much growth potential long term so I would consider it a strict cashflow play.Start slow and small and you can always scale up once you learn the market.Or call it quits and exit if you decide it's not for you.IMO, leverage should only be used to scale a portfolio and only after you have immersed yourself enough in a specific market.And only once you have decided that you want to stick around in that specific market and invest in it long term.Over the years, I've witnessed many folks use leverage and attempt BRRRR out of state only to fall short and say "the market sucks and it doesn't work".Nothing works unless you make it work and a market like Toledo can work better than any other market I know from a cashflow perspective.I've been investing since 2014 and flipped hundreds along with currently managing 400 SFH.Only this year have I started buying small multifamily properties.It's an adjustment and a different animal but let's just say it's in the same breed of animal lolImmerse yourself in a specific market and become an "expert" on the numbers in that market.Find off market deals, negotiate hard, buy with cash and buy quickly.You make money when you buy and not when you sell so you must buy cheap.There are many ways to skin a cat mate and this is how I get my fur lolWishing you much success
14 May 2021 | 23 replies
I've been witness to a few situations where subject properties a few blocks from each other have noticeably different crime stats.
28 January 2021 | 31 replies
Now, I am terrified of checking the mail for fear that there's some other screw up thanks to some moron lender, some idiot insurance agent or some half-wit real estate agent.
20 February 2021 | 13 replies
Based on a couple of witness reports, we believe it was the people from a homeless encampment stealing them to roll around and collect recycling to take to the recycle place down the street.