Has anyone done this? If you’ve used AI to COMPLIMENT your rental market/rental number research, how has that worked out for you? I’ve been using it to assist in refreshing myself on the Central Indiana market.

You get $100,000 tomorrow but there’s one rule. You have to use it to improve your financial position. You cannot leave it sitting in savings. What are you doing with it? Paying off debt? Buying a rental? Putting it into an existing property? Investing in the stock market? Starting or growing a business? Something completely different? Tell us exactly what you’d do and why. And here’s the important part: Don’t answer based on what you think everyone else should do. Answer based on where you are right now.

Where the Binder Strategy Came From: The Binder Strategy started because I was a terrible landlord. During the 2008 recession, I had a house worth about $100,000 that I still owed $138,000 on. My tenant was paying $1,000 a month, which didn't even cover the mortgage. I started researching comparable rentals and discovered something surprising: similar homes were renting for $1,550 to $1,800. But I didn't want to simply tell my tenant, a single mom trying to keep her child in the same school district, that her rent was going up. So I printed the comparable listings and sat down with her at the kitchen table. I showed her everything I had found, good, bad, high and low and asked one question: "What do you think is fair?" She suggested $1,400–$1,500. I agreed to $1,400 and offered a two year lease with no increase the following year. That conversation became the Binder Strategy. Today it's an actual binder, but the idea hasn't changed: show the data, be transparent, and let the tenant participate in determining what's fair. I've used the strategy ever since and taught it to hundreds of landlords. This category is where we'll share those stories, the rent increases, renewals, conversations, and results. Welcome to Binder Wins. Your Binder Win doesn't need to be a long post. Share the whole story, or keep it as simple as: Rent was: $1,000 Area average: $1,500–$1,600 Tenant agreed to: $1,400 That's it. Big win or small win, share your numbers and let others see what you did. Your example might help another landlord have the same conversation.

My schedule has me up really early each morning which makes it very hard to make Tuesday sessions. Are these recorded so I can review them? Thanks in advance.

When it comes to investing, what’s the thing you worry about the most? Maybe it’s: Buying the wrong property. Getting a bad tenant. Losing money. Not having enough reserves. Waiting too long to get started. Wondering if the market is about to do something crazy. Or maybe you already own rentals and there’s something completely different that keeps bothering you. I want to know what YOUR thing is. Not because I’m trying to sell you something. I want to know what we should be talking about and teaching in this community. So, what’s the investing thought that keeps you up at night? There are no wrong answers. Unless you say “tenants calling at 2 a.m.” That one has a wrong answer: Stop giving them your phone number.