Certain investors opt to buy properties on an individual basis, which they subsequently transfer to an LLC when funding is obtained.Ultimately, whether or not to create an LLC before purchasing a property is a personal decision.

We then explain that we do not need a reason to non-renew them and have full authority to do so.

Make it clear in the agreement that the Manager has the sole authority to make decisions about repairs and maintence to the property.

Since 2020 we've been selling these units to individuals and organizations that may buy from 1 to 5-6 units each, but currently trying to expand our business.Given the interest rates for financing these types of structures and how much landlords are charging (for both short-term and long-term rentals), I found that the net income is way higher than the average mortgage payment, so basically it's free money.I've been thinking it'd be a good idea to partner up with a real estate developer to develop a mobile park.

The Richest Man in Babylon by George Samuel Clason: “To attract goodluck to oneself, it is necessary to take advantage of opportunities” “Men of action are favored by the goodness of good luck”One of the most important qualities that I see in successful individuals is that they take action.If you do nothing, nothing will happen.Where do you need to take action in your life?

It’s usually the individuals with the highest character who get burnt the worst because they are the ones willing to put themselves in uncomfortable situations to do right by their partners and as a result believe others should operate the same way.

Flexibility and solving their individual needs/logistics. 

The most valuable team members are those who understand the compliance side of Section 8 well and can help navigate that process.Property Management: Managing Section 8 tenants comes with its own challenges and benefits, especially in communication with the housing authority.

Im a very busy individual but I find it logical and necessary to make time to see something I have hundreds of thousands of dollars in.

Texas licensees are not allowed to pay non-licensed individuals for referrals.