He has his own legal practice for stuff like this and he can't pay referral fees so please be kind BP mods ;-)

@Kalen Jordan  BP did take down his pod cast ... this is not the first guy to do this and wont be the last those homes are traded back and forth from failed landlords for the last 25 years.. and will be for the next 25 to 50 years until they crumble..

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Originally posted by @James Barnes:Haven't read the rest of the thread besides the original OP's post but I would like to mention how BP mods and speakers have switched from "get creative" and "how to invest with no money down" to all of a sudden putting an emphasis on " Cash Reserves" and not to over leverage yourself...I hope no eager rookies got in over their heads with such advice.

I listened to one of the pod casts, and the speaker of the pod cast says he does all lease option, and effectively he passes on the Maintenance/Repair expense to the buyer by offering to give them $100 credit from rent per month at the end of the year ($1200 total) if they take care of all the repairs themselves during the year. 

I listen to the wholesaleinc pod cast and they provide great information.

So what we need to do apparently is go in the garage, pick up a hammer and repeatedly smash it into our skull, do some tide pod challenges, completely remove ourselves from actually working in RE, and THEN we will "get it" on how a crash, 50% reductions is "gonna happen any day"........ 

the reality is rehab contractors that work on these types of properties are tough to manage .they need you to buy the materials they need draws every Friday.. the dont' show up they do mediocore work.. what the local flipper or turn key guy or gal has is their thumb on them.. all except Morris that is he is a train wreck by the post that I have seen.again just caution hiring out of state contractors and dream teams sells pod cast and books but in my experience it so far from reality..

That & the fact that you chose to save $75 on dinner but are missing out on tens of thousands because doors are getting slammed in your face because you are known as a goober, lol.Jim as you have schooled me over the years about how all this internet and SEO stuff works.. looks like the 5 buck Gold millionaire shot himself in the foot letting this friend of his post that.. or maybe he asked her.. or maybe he was not aware.. but if he mentioned it on a pod cast.. boy oh boy. that is something..  

I have seen many who worked for hedge funds ext for years then launch and do well.then the other thing I have seen and I think but don't know for sure.. but take a Joe Fairless he has a pod castso he had to probably start that organically I know I was on it 4 or 5 years ago.