Dave Meyer shared an informative video today [How to Find Your Perfect First Rental Property (The “Buy Box”)], outlining helpful structure for you to add clarity for your deal.

I think a great strategy would be to find someone who would like to house hack with you, and maybe even someone with a bit of experience local to the area that you trust and know very well to go in on the deal with you.  

Purchase price: $85,000 Cash invested: $60,000 My initial strategy for this deal was to flip it and sell it, but the market was unfavorable so I opted for the BRRRR strtategy instead.

.○ Purchase Date - 10-15-2020○ Purchase Price - $230,000○ Original CoC 4.8%○ Current CoC 15.04%○ Current Value - $400,000How did you finance this deal?

Some will deal with owners directly and other have tenant rep brokers they might direct you to FIRST to scrub the site and see if it is a possible match.

Hi Daniela, congrats on getting the deal done!

If, for example, you're looking at a larger, commercial deal with or without partners, it would make sense to have a separate LLC for that property. 

We recently sold our one rental, but we are looking for our next deal/project in the area.

The propertybis almost sold, and i have already searched for other rentals in the vegas area with some in mind if the deal goes through.Thanks

So I approached the foreclosed upon owner this week to confirm that she had sold her right of redemption... she confirmed.But the investor has not filed the petition for redemption.And of course the court has not approved the sale.I am bummed about losing the deal.