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677: How to Build an Income-Replacing, All Off-Market Rental Property Portfolio w/Taylor Wing

BiggerPockets Real Estate Podcast

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What's Your First Hire?

When you have a situation where it's just cosmetic work, there's usually a discount that they can live with. It's like when you get into that issue of the foundation issues, mold, what are some like fire damage can be one of them. If you got to spend $65,000 to fix a foundation issue, it's tough to get them to understand. You got to take more than 65,000 off plus the cosmetic issues plus the profit I have to get in here. That's the actual problem.

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