In my city if you simply go through the motions to rent out a house the laws will ensure that you go broke if you don't continue to adapt. I studied to be an investor, not a landlord. You could say I was a landlord for a while but I pushed through it. I'm now financially free through cashflow (and most landlords around here are still working hard because they never do a good job fixing up the houses or finding tenants therefore they have constant turnover and that's where they lose profit).
Anyway, I'm not in a place where I could do seminars. And even if I did I'm not sure I would want to because all of the real estate "investing" groups around here are all full of landlords and their pity party of negative stories about how bad tenants are. I don't want to associate with these people. They like to tell me what I cannot do. For example, when I have a vacant house I will take my weed wacker all the way around the block and make the sidewalk and the other yards look nice. That's what I do. But, for example, they would tell me I can't do that (they are technically right but no cop or neighbor is going to stop me for cleaning up neighborhoods and if I didn't do this type of thing, I probably would skimp on a lot of other things).
So, I wanted to first make the statement that most landlords, in my area at least, are not investors. They just created a job for themselves. Secondly, I would like to ask if anybody has a way to distinguish between which person is a landlord versus who is a forward-thinking investor focused on cash flow and financial freedom?
Anyway, I'm not in a place where I could do seminars. And even if I did I'm not sure I would want to because all of the real estate "investing" groups around here are all full of landlords and their pity party of negative stories about how bad tenants are. I don't want to associate with these people. They like to tell me what I cannot do. For example, when I have a vacant house I will take my weed wacker all the way around the block and make the sidewalk and the other yards look nice. That's what I do. But, for example, they would tell me I can't do that (they are technically right but no cop or neighbor is going to stop me for cleaning up neighborhoods and if I didn't do this type of thing, I probably would skimp on a lot of other things).
So, I wanted to first make the statement that most landlords, in my area at least, are not investors. They just created a job for themselves. Secondly, I would like to ask if anybody has a way to distinguish between which person is a landlord versus who is a forward-thinking investor focused on cash flow and financial freedom?
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today
