Today we conclude the fascinating conversation with Paul Rosanno on the topic of Rentals by the numbers. I’m going to back up the call just a bit so you might have a context for the conversation. When we left off I had just asked Paul what he is buying these days. But I want to start the conversation with his explanation for how he quantifies risk. Then we will continue on. Plus we have some headlines for you and questions FROM you. All this coming up!
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News: - Hostile takeover drama in a rather boring - but vitally important company. https://www.housingwire.com/articles/investors-move-to-replace-majority-of-corelogics-board-as-takeover-bid-saga-continues/?utm_medium=email&_hsmi=92287833&_hsenc=p2ANqtz-8n4wG7FEK4M_Iy6pzkNp3Wog1csoVGUDKrgixSchvcWvfCiXx6Hd7dpoaX3tPCgiNwL9d7fLN8b_5jaXU5DK5gWSCdJpDI-jXgf7N_aSYixJbirxY&utm_content=92287833&utm_source=hs_email
- This sounds like “women and minorities hardest hit” type of reporting, but there is something here for landlords to tune in to. https://www.housingwire.com/articles/renter-households-will-be-hardest-hit-by-loss-of-cares-act-unemployment-benefits/
- They are heading inland and here’s where they are heading: https://www.housingwire.com/articles/coastal-city-exodus-continues-phoenix-sacramento-and-las-vegas-now-most-popular/
Topic: Rental Investing by the Numbers with Paul Rossano Questions: - Robert, Dallas TX, “How do you use lien waivers?”
- Joanna, Houston, TX “You mentioned on a recent call that you have a set of contractor documents. How can I get them?”
- Phil, Augusta, GA “Do you know where I can find a list of all repairs on a house that require either a permit and/or and inspection? I want to buy an unoccupied house to repair and flip, but don't know what exactly requires a permit and inspection.
- Patrick, Houston, TX “Hi Roger, do you have a recording of this zoom? I joined late due to having difficulties in finding the site. I will be grateful if you can send me a recording of this.
- Michelle, Alexandria, VA “I had no idea there was a radio show like this. I only heard it long enough to get your email address and a few other things before I drove out of range. But thank you thank you! Is there a podcast version of it?”
- Brittany, Colorado Springs, CO “I bet you get asked this a lot, but can you tell me how I can get started? What should I be doing? I don’t really have any money, but I’m super motivated and know people with money.
Motivational Thoughts for the day "If you set your goals ridiculously high and it's a failure, you will fail above everyone else's success." -James Cameron