I’m excited to gain hands-on experience and contribute in any way I can.

You are INVESTING here, that means YOU are the one taking the risks of loss because YOU are the one with something to gain by the investment performing.

It takes awhile to get reviews, gain traction, get repeat guests, word of mouth from satisfied guests, etc.   

Waiting too long to refinance can also leave you with less favorable market conditions.Neglecting to Build Relationships with Lenders:Many investors assume refinancing will be easy, but without building good relationships with lenders or shopping around for the best terms, you could end up with a deal that doesn’t work for your investment goals.Ignoring Cash Flow:Some investors get caught up in the equity gains and forget about cash flow.

I was able to package three of them in one deal, which ended up breaking even/not profitable (A little bummed on this one since I think the buyer (an investor) won the better side of the deal in terms of gaining equity on the houses).

Congratulations on the first rental and all the knowledge you have gained from it to set you up for the next property. 

Hi Joe - For a single-member LLC, the IRS disregards the LLC as a separate tax entity which means no capital gain impact on transfer.

This is the perfect place to connect with like-minded people, gain insights, and grow in your real estate journey.

I’m particularly interested in wholesaling and partnering with experienced investors to gain knowledge and contribute to successful projects.As someone who owns a rental property in Oklahoma and currently resides in the DC area, I strongly desire to expand my investment portfolio, especially in Florida.

So the weight of selection really comes down to you, what you most want to do, strive towards etc..