I would love to hear a story of someone where they explain how insurance has helped them with their property.I am getting into out of state real estate investing this month and am curious to hear other perspectives.  

Buying with an LLC is a great way to safeguard yourself and your property, highly recommended, however, if you’re purchasing through an LLC that was not formed specifically for the purposes of acquiring your investment property, ensure you own more than 50% as LLCs can get complicated with multiple equal shareholders.

Multiple escrows and huge profits.Shame on me for being dumb enough a 2nd timeIts not like I am a rookie.

I also run investor retreats out of them so they serve multiple purposes.I would say that it takes a specific person who wants to invest in Costa Rica.

Every investor has their own path, and hearing different perspectives will only enrich your journey.Challenges in Real Estate Investing:Finding deals: In competitive markets, it can be tough to find good deals that make sense financially.Capital and financing: Finding funding, especially as a new investor, can sometimes be challenging.Dealing with tenants: Managing rental properties and dealing with tenants can be tricky, especially with issues like late rent or property damage.Market risk: Real estate markets fluctuate, and external factors (like economic shifts or local development projects) can impact property values.I’d be happy to continue the conversation if you want to dive deeper into any of these topics!

I've done a lot of DTS marketing and found that almost all my leads were either tire kickers or if they actually wanted to sell, the property had so many entanglements (multiple family members involved, tons of debt on it, municipal liens, etc.) it wouldn't even be worth it.

Cost of construction keeps going up so you need to spread out the cost over multiple units.

(Interesting that I just came across this old post for the first time.)I’ve used Jerry Feeney’s e1031xchange multiple times.

Others prefer to get their information and resources from multiple sources over a longer period of time.

After multiple phone calls and emails, I delivered the following email regarding my PreREO note purchase:  Hi Karen,Any update on this?