Basement Tales episode 11 centers around what Charlie called “The middle-class abyss” regarding the nature of few housing vacancies due to COVID coupled with poor financial knowledge from potential tenants.
TW: Episode 11 mentions death and baby loss that may be uncomfortable for some.
Send us your questions and tales to yourstory@basementtales.com!
Basement Tales features Charlie Einsmann, Sam Jacknin, Ed Grass and Sandra Delancy. Send us your questions and tales to yourstory@basementtales.com!
This episode centers around the difference between a judicial foreclosure state and a normal one like Virginia. We cover legal definitions of different kinds of foreclosures and how the processes work.
Everybody needs a home: Rent to Section 8!
This episode is about dealing with excess bureaucracy and how to escalate matters up the chain to get things done in an effective way.
Sandra’s new property in DC leads to a conversation about egressing (nail salon in basement), and Charlie shares a story about an absurdly low quote for tree removal that falls into the “trust and verify” mantra. Always double checking to make sure you aren’t being lied to.
Stacie joins us to share her experience and bootstraps tale of finding distressed assets to buy and flip and buy and subdivide/develop to create a growing real estate empire from scratch.
Jad explains how to get your first rental/renter and keep rolling to your next 100 with “Buy Renovate Refinance Repeat” and build a nice cash flow and even better real estate portfolio with other people’s money.
Send us your audio or text questions and tales to yourstory@basementtales.com!
Breaking and entering… and other investor missteps.
We look at a real estate deal that went south and opportunities that come up through the bankruptcy court.
Additionally, the team reviews what to do if you inherit a property and you want to flip it.