
2 September 2024 | 8 replies
I will be injecting new funds every year.Full Control: I enjoy analyzing deals and prefer to have full control over my investments, so syndication is not an option.Given that I'm a complete newbie in real estate, I would greatly appreciate your advice on the following:Selection Criteria: What factors should I prioritize when choosing properties?

2 September 2024 | 24 replies
That's the only control you have, so do not waste it.

4 September 2024 | 10 replies
Additionally, for rate-term refinances, many DSCR lenders have no seasoning requirements at all.Easier qualification: DSCR lenders have much lighter qualification requirements than conventional or portfolio lenders, such as no DTI, income verification, or tax return hurdles that can slow down or disqualify loansFlexibility: While conventional and bank lenders are heavily regulated and follow standardized rules, DSCR lenders have much more flexibility and control over their guidelines.
2 September 2024 | 9 replies
What I have learned very quickly owning these properties is that you can make these work on paper to convert them into rentals when you do your analysis today, but HOA increases are unexpected and completely out of your control.

1 September 2024 | 5 replies
One more tip – people remember stories that trigger their emotions.

4 September 2024 | 84 replies
Some people like to be hands on as owners and be control freaks.

3 September 2024 | 23 replies
Airbnb CAN do this for you, but I recommend Hospitable which is much easier3) I like Pricelabs for dynamic pricing, but worry about this in month 2. 4) don't fret over bad guests, rather focus on all the things in your control that would discourage them.

3 September 2024 | 47 replies
Schwab is also another good option for checkbook control.

2 September 2024 | 18 replies
There use depends on the type of trust setup - they can be used to bypass probate; eliminate ownership and control from a person subject to lawsuits; skip a generation on an inheritance and hence skip inheritance taxes, and numerous other uses.

31 August 2024 | 5 replies
A 401k does not require a custodian or a third-party administrator (TPA), and you don't need an LLC to have checkbook control for your 401k.