WE DID 365 VIDEOS! Thank you for following with me through all of this, I hope you learned a lot but the top 2 lessons are real estate investing is awesome and you should do something that you enjoy.

Another quick walk though on our Rochester property that we are working on.

Quick walk through of the partially demo-ed property for another investor.

Here are the reasons why your appraisal could be low: 

1. The Property is listed way over comps 

2. The Appraiser is being .... "silly" 

Here is what to do: 1. Challenge the Appraisal 2. Give A Break On The Price 3. Put It Back On The Market

You can literally see which houses have bad insulation by which houses have big icicles. Ice forms and pools, going under the shingles or forms icicles in the house.

It all depends on your market and what your price range can support. It depends on what in the surrounding market is selling for.

1. Don't Be A Jack of All Trades: Stay Focused and Master 1 Thing  

2. Contractors Suck 

3. It's Not As Easy As They Make It Look On TV 

4. You Have To Look At A Lot of Shit Deals Before Finding A Good One 

5. Every One Time Flipper or Investor Tries To Sell Themselves As A Guru 

6. Property Management Companies Suck

Make sure that you check them and if they are popping randomly, replace them - that means they are going bad.

Take the packet, unwrap it, set it down, level it for 2-3 days, take it seal it in the package and send it to the lab. It's super simple and cost affective.

It's so interesting that this book was written a long time ago and yet everything is stands true in this book.

Look for those driveways and sidewalks that are untouched, chances are that house may not be occupied or are not being kept up. ❄️

Welcome to getting zero credit... or ridiculous pizza days for a job well done. It's the dumb stuff like that makes you feel unappreciated for your hard work. If you have a similar story, share it below - I want to know. 👇🏼

"We've always done it with way." and the mentality that goes with it is another HUGE reason why I will never go back. If you have worked in corporate, drop a comment with the thing that drives or drove you nuts. 👇🏼

Here are your first property commandments:

1. Buy A Property That Cashflows  

2. Don't Overpay For A Property 

3. Inspect It To Make Sure That It Is Not A 🍋 

4. Make Sure You Know the fair Housing Laws 

5. Get A Good Lease 

6. Get The Proper Insurance 

7. Pick A Good Tenant  

8. Train That Tenant To Be A Good Tenant

Let's talk about the numbers on the 4 unit, with $1,500 a month in cashflow it looks like it is going to be a sweet deal.

It's hard to go to work in a place where people just seem miserable, and that is one reason why I will never go back.

If the numbers work and it is a deal, it is always a great time to buy real estate.

You need to make sure that you are ACTUALLY making $$$ on your investment, if you aren't running numbers on your rental - how are you going to know if it is profitable?

Running numbers on a rental means you can figue out your expenses, profit and even what your rental could actually be worth. 

Get ready to take notes on what we did on the 7 unit and the real numbers on it.