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24 January 2025 | 4 replies
Start by educating yourself with foundational books like The Millionaire Real Estate Investor and practicing deal analysis using tools like BiggerPockets calculators.
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2 February 2025 | 4 replies
From a practical viewpoint, I wouldn’t think the lender would accelerate the note, if the LLC were a single member LLC, you were that member, and it was treated as a “disregarded” entity for tax purposes.
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4 February 2025 | 13 replies
Best practice in cases of broken glass in the pool is to drain the pool.
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8 February 2025 | 7 replies
Also if you are selling, hopefully your agent has advised you but good practice to have a vacant unit to open the buyer pool to owner-occupied buyers/house hackers.
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22 February 2025 | 18 replies
I know plenty of people with fancy degrees who fail as a real estate investors which is why practical experience trumps any degree.
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28 January 2025 | 3 replies
I'll just say that nothing is going to teach you more in this space than practical experience.
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31 January 2025 | 11 replies
Im sure there are many properties owned by someone famous but they practically never lived in it.
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25 January 2025 | 0 replies
Most look at a Certificate of Insurance and confirm coverage limits but best practices are to (1) become added as additional insured under contractors policy and (2) understand coverage exclusions which are not going to be detailed on an insurance certificate.
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7 February 2025 | 10 replies
I am realizing some of the gaps in my book knowledge and the practical knowledge required to see a deal all the way through.
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7 February 2025 | 17 replies
My most trusted and often used contractor who lives in the area, and is practically a friend is the emergency contact.