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Description

Topics that are covered in this episode:

• 800 houses in 2006
• MFH was founded in 2008 crash
• MFH has all the repair crews in house
• Focus on cash flow
• In 2008 rents did not go down but the vacancy did
• Two months is the typical turnover
• In the C and D class you will need to pay for 2000-3000 per turnoff effectively wiping out your cash flow
• Failures are seminars that teach us
• Don't flip in the high end
• Don't get a MFH 5 year baloon, instead get a 7-10 year term
• Continue to learn and make your own determination
• Be conscious of your podcasts your listen to because that is the way you will go
• VAs is calling Apartment Owners - Use county assesors offive then secatary of state to get mailing address, lookup phone numbers
• "My boss lives in the area and was interested in buying your property"
• For discount Tony Robbins tickets to UPW four day event email Lane@SimplePassiveCashflow.com
• 501C3 tax status for Non-Profit entity

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