BONUS – For Active Investors (with too much time on their hands)

If you are 1) under a million dollars net worth or 2) make less than $50k a year or 3) have a lot of free time on your hand you might want to be more of an Active investor. I dabbled in this a bit but ultimately I found especially after 2014 when I had 11 rental properties my highest and best use was at my engineering day job which I eventually quit in 2019. Below is a collection of random lessons learned which can help you get on the passive path.

1. Pulling sellers from the MLS. What keywords are you using to find these listings? handyman, tlc, repairs, motivated, fixer, deferred, as is, needs updating, as-is, needs work, quick, repair, investor, landlord, cash, contractor,TLC, revitalize, bring offers, bring all offers, send offers, send all offers, price reflects, aggressive, price reflected, priced to sell, fast
2. PreREO – https://youtu.be/3JL3u1Lbgno