daily inspiration
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daily inspiration (by 6x6 [TN]) Feb 15, 2024 8:45 AM
       daily inspiration (by Deanna [TX]) Feb 15, 2024 9:22 AM
       daily inspiration (by S i d [MO]) Feb 15, 2024 9:54 AM
       daily inspiration (by WMH [NC]) Feb 15, 2024 5:36 PM
       daily inspiration (by David [MO]) Feb 15, 2024 7:30 PM
       daily inspiration (by 6x6 [TN]) Feb 15, 2024 8:40 PM
       daily inspiration (by 6x6 [TN]) Feb 15, 2024 8:43 PM
       daily inspiration (by Ray-N-Pa [PA]) Feb 15, 2024 9:06 PM
       daily inspiration (by 6x6 [TN]) Feb 15, 2024 9:39 PM
       daily inspiration (by DJ [VA]) Feb 16, 2024 7:46 AM
       daily inspiration (by plenty [MO]) Feb 16, 2024 7:58 AM
       daily inspiration (by Still Learning [NH]) Feb 16, 2024 8:42 AM
       daily inspiration (by Renne [TX]) Feb 16, 2024 3:29 PM

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daily inspiration (by 6x6 [TN]) Posted on: Feb 15, 2024 8:45 AM

Hello everyone. I just wanted to let you know how much I appreciate all of you on this forum and Jeffrey and his family for its creation. Sometimes life isn't always clear, and people may not realize certain things. When I discovered this forum, it started a new experience and chapter in my life. I was absolutely amazed to discover that I could get advice and guidance from such smart and successful people, as I had never had that experience before. I think about this often. Every one of you are an inspiration to me and others on a daily basis. You have not only taught me things about being a property manager, but about geography, math, English, politics, perspectives, how things are in other parts of the country and world, and how to navigate life better in general. You have shown me grace and been patient with my progress and growth. I know that I still have a long way to go, but I have learned a lot. I will continue to learn from all of you, no matter who you are or where you are from. You are so smart and kind, you are my daily inspiration. May you be blessed as you have blessed me. Have an awesome day.

6x6 --73.190.xxx.xxx

daily inspiration (by Deanna [TX]) Posted on: Feb 15, 2024 9:22 AM

I'm happy for you! Congrats on your growth, and good luck on your path. --137.118.xx.xxx

daily inspiration (by S i d [MO]) Posted on: Feb 15, 2024 9:54 AM

Glad to have you here also, 6x6. You have an upbeat spirit and ask many thoughtful questions! Got any plans in the works to grow your empire? --184.4.xx.xxx

daily inspiration (by WMH [NC]) Posted on: Feb 15, 2024 5:36 PM

I met 6x6 at his first Convention and he is just as nice in person as he seems to be online - that's not always the case.

6x6, your questions are helpful to all. --173.28.xx.xxx

daily inspiration (by David [MO]) Posted on: Feb 15, 2024 7:30 PM

6x6, ditto. You ask well thought out questions and I always enjoy reading your post. Youíre an asset to this forum. --199.200.xx.xxx

daily inspiration (by 6x6 [TN]) Posted on: Feb 15, 2024 8:40 PM

Thank you everyone for the kind words. This forum is a life changer.

Sid, I am currently working on another SFH that I plan to rent out. The home I just completed a few months back, I am trying to sell. I put too much money and time into it to rent it IMO. The one I am working on now I would like to rent and plan on not going to extremes like I did the last one. We'll see how that goes. I like a 2br 2bath as a rental on a small city lot. I am also occasionally thinking about NNN commercial as you and Ray have gotten into. I don't have the money for that though nor enough knowledge as of yet. I am not the greatest fan of property management. My cup of tea has an engine. Probably why I don't have more rentals. Time will tell as I keep learning and getting better. I always enjoy reading your post. --73.190.xxx.xxx

daily inspiration (by 6x6 [TN]) Posted on: Feb 15, 2024 8:43 PM

2br 2bath should have been 2br 1bath. And I will add, I usually get younger tenants in this college town. --73.190.xxx.xxx

daily inspiration (by Ray-N-Pa [PA]) Posted on: Feb 15, 2024 9:06 PM

I believe it was Thomas Edison who said that opportunity shows up in disguise. It normally looks like someone in coveralls and other work clothes.

Work and time make for great leverage.

I see opportunity in the NN niche now a days as you can add value and keep the tenant. That typically is going to force the investor to spend extra money in improving the property beyond what they typically do. That turns people sour as they want absolutes.

If you learn the phrase, what is keeping you from renewing this lease for another 5 years (@ $85,000/yr), you might learn that its something as simple as they want a $20,000 HVAC system upgrade. Hmmm you give them $20,000 and they give you over $450,000. The property that you can buy for $650,000 is now worth $900,000 with that renewal.

You know work x6er. You are not afraid of it. What I found early in my career, I wasn't afraid hearing the word no on my offers - instead I was afraid of hearing yes. I can honestly say, buying a place is easier than selling and I have made the majority of my money when I bought a place.

If you don't have all the money to do a deal yourself, put the property into a land trust and go partners with someone. Trust lend themselves to business so much easier than a multiple member LLC does. --24.101.xxx.xxx

daily inspiration (by 6x6 [TN]) Posted on: Feb 15, 2024 9:39 PM

Thank you, Ray. --73.190.xxx.xxx

daily inspiration (by DJ [VA]) Posted on: Feb 16, 2024 7:46 AM

I echo exactly as WMH and David said.

Thank YOU

And, have a great day! : ) --68.229.xxx.xxx

daily inspiration (by plenty [MO]) Posted on: Feb 16, 2024 7:58 AM

I learn from you also 6x6! Glad you are here and keep in touch. Keep posting of your situations and success. --172.59.xxx.xxx

daily inspiration (by Still Learning [NH]) Posted on: Feb 16, 2024 8:42 AM

I feel the same as you 6x6. Forever grateful to all I have learned here! I found this site and my local landlord group when we bought a 5 unit and I had no idea what I was doing. I am a competent property manager because of all I have learned here. Even this morning, I read Bradís post about how he denies a person with pending drug charges. I need to update my written criteria to reflect that. --166.194.xxx.xx

daily inspiration (by Renne [TX]) Posted on: Feb 16, 2024 3:29 PM

6x6, YOU are an inspiration to me.

You are an example of what can happen when a person works hard to change their circumstances. No whining, no, but it's not fair, no excuses, just hard work, perseverance, and more hard work.

You may not realize it, but you are changing your family tree/community. Someone (most likely many someones) in your circle of influence is seeing you grow on so many levels and they are watching what you do and how you do it.

You are silently mentoring the next 7x7.

Way to go, 6x6! --12.196.xxx.xxx

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