I like how some people have said change the word “mentor” with “friend”.

This is where real estate investing turns into a great area and on paper investment strategies seem great, but when applying them to reality, things can quickly change.

CRAZY how life plays out, but buying this first property changed my life.

And remember, lenders change their requirements over time, so what they will do today may not be what they will do next month. 

We stopped using it because we realized we had missed out on opportunities where neighborhoods were on the verge of gentrification or there was an opportunity to invest in a project with potentially great returns and no change in the demographics.

I have changed my rental strategy to short-term rentals and co-living (rent by room) to allow for more cash flow. 

Hi Paola,If you are looking to buy another primary, looking to put the property into a LLC, may be changes in your income/job, looking for faster/smoother closing, DSCR could make more sense.

What kinds of changes are you looking for to NOT renew an existing tenant?

Change out the used sheets with fresh ones, then take the used ones off-site.

@Corazon B. when we initially purchased the home it was under our name, but we have now gone through the process of changing it to be under the LLC.