Tips for setting up an LLC3.

I've heard that renting by the room can be a great way to boost profits, since you'll end up collecting more in total rent than with a traditional lease.

Debt service is way up, revenue is generally down, down payments are way up, financing terms and costs are much worse.The time of fast scaling has passed, unless you're very creative. 

I highly recommend an attorney to draw one up as each state and each property can have unique issues. 

It's great because it's integrated with your membership so you can just log in and sign up using your BiggerPockets Account.

Otherwise, I would work backwards from the laundry basin for flow and work your way up to the slow faucet. 

Great day to all,I've just been soaking up all the online youtube videos from Bigger pockets one after the other and I've made the determination to scale my business massively using the multifamily addition into our (wife and I) portfolio. 

As for soft costs, you’re looking at a fair amount for a condo conversion-there are legal docs to have drawn up, reviews, surveys, recordings, setting up the HOA, reserve studies etc.

I grew up going to Bruins games with my grandfather when I was younger and would visit.

I ended up attending one of those weekend seminars for a few hundred bucks that tries to sell you on a 30k coaching program.