Any tips for me or any best practices from fellow investors whose been in this industry for a while now?

I had just finished a course @ my local REIA, "How to find the hidden gems" & was EXCITED about putting it into practice right away to do a deal!!

Renting the rehab property from your LLC while you renovate can be practical, but it may lead to higher financing fees and complex tax implications.

Hi, I am 19 and going to school for finance and real estate and have started crunching numbers as a practice to see if I can find some good deals.

For anyone else reading this thread and wants to respond with actual best practices for this type of situation, I am all ears.

Here are a few points to get the discussion started:Adjusting Business Practices: How are you planning to adjust your practices to comply with the new rules, especially regarding off-MLS compensation negotiations?

Of course that's the only leverage they have and they know used panels are practically worthless.

On a more practical note, what are you going to do to enforce something like that with a typical tenant?!?

IN practice during the GFC banks did not do this.. just like they had a gov. mandated moratorium on 1099C debt relief filings... now though that is done and that is a rude awakening to many folks who think they can just walk.

If this is an accepted practice in North Carolina then something is definitely off.It seems like an awfully underhanded way to finance a potential vacancy loss using the outgoing tenant.