You are betting too much on the refinance portion if you try to BRRRR with hard money.

With limitations on court operations, no evictions related to non-payment (COVID-related or not) can be pursued right now, and likely for several months.

You must keep the tenants security deposit at a bank that physically operates a branch office in the State of NC.  

I can’t lie, I felt a little jittery stepping in, kind of like I was about to bet on a horse race without knowing which jockey had the best track record.

It’s entirely possible to operate with integrity, provide real value, and still earn a strong income.

For the experienced cohosts in the group, I’d love to get your thoughts on payment processing options for cohosting companies (LLCs) that position themselves as property management companies but operate without a broker’s license.As an investor and soon-to-be STR entrepreneur, my business will initially focus on managing a small portfolio of vacation rentals with plans to scale. 

I think it’s a great idea for BP to add a second and third loan option on the calculator as with prices and interest rates being higher I bet a lot of people are using these options now.

In order to get a line you would need 2 years of operations, and have an operating company - like a property manager or a construction company.

Hold the property in the LLC's name for liability shielding, and use it for rent collection, expense management, and centralized operations.

Some grow too fast and discover they've built a full-time job for themselves.Growth can also include improving cash flow, increasing property value, or optimizing operations.