A Property Manager is not an expense, they are an investment. They can save you time, money, hassle, and energy, that's a worthy investment.

When the "Perfect Deal" comes to you, make sure to look at the rents and who is paying the utilities. If rents are low and the landlord is paying utilities, it's not the end of the game - it just means that there are opportunities to turn it around.

Hindsight...you don't know what you don't know and it applies to going to college too. What's one thing that you would do differently knowing what you know now? Let me know 👇🏼

A cash offer can really make for a short, quick and easy transaction which means I could take that capital and put it into another property twice as fast.

A repair fee is going to protect you from eating the cost of things your tenants break, this fee is not for normal wear and tear. It's so you can replace what has been broken without worrying about your bottom line.

One of the most important parts of the real estate transaction - the title company. Especially as an investor, you need that clear title and the title company is the one that will make that happen.

I set the goal, pick a prize, achieve the goal and then enjoy the prize. This helps me stay extra motivated when I know that I can buy that thing after achieving my specific goal. What do you do to stay extra motivated?

Grab a pen and some paper, we are going to breaking down what you need to know to figure out your rental reserves. Class with Teo is in session and if you think that you don't need to figure out your reserves, listen to this twice. ✍🏼

TAKEAWAY - Don't break your own rules and make sure you have crystal clear comps. You live and you learn. What are your awesome lessons learned when flipping or investing? Drop them in the comments.

Always keep your eye out, you never know how your next deal is going to come out the woodwork. Let me know what is the craziest way you have come across a deal. 👇🏼