For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.

These updates modernized the property, improved its curb appeal and significantly increased its market value.

The strategy shouldn't be either umbrella insurance or an LLC it should be a combination of both at the most cost-effective price. 

The trick is to combine them without the initial negative cash flow.  

I have 50+ rental houses and a handful of office buildings and MF so I'm almost where I could pull it off by myself but I still think we could have more "pull" with a larger combined portfolio and shared resources.. 

@Rich Hill, for situations such as your's, I generally offer two years of taxes and no interest on a best price offer.You can combine multiple properties in one quiet title lawsuit as long as they had the same prior owner.Thanks for buying the book!

Add the pref to the debt and you have 95% combined senior capital in front of the investor's common equity. 

Hi Alexander, On a full documentation loan, lenders will allow up to a 95% combined loan to value on a primary residence assuming income is strong enough to support your debt to income ratio and reserve requirements are met. 

My and my soon to be wife both graduated college at the same time and we make a combined $150k/year ($75k each) We are still living at home with our parents to save money, and we want to build wealth in real estate. 

Although AB-968 doesn’t specifically mention “licensed” contractors, the state of California already stipulates that “anyone who contracts to perform work that is valued at $500 or more in combined labor and materials costs must hold a current, valid license from CSLB” (source: CSLB).With AB-968, if work is performed by an (un)licensed contractor in an amount that exceeds $500, disclosing that entity’s or individual’s name and contact information becomes a legal requirement.