I wish I discover BP when I first started investing then I wouldn’t have made some of my mistakes.Honestly though, going through the transaction itself will teach you a lot.

On the tax side, I would encourage you to partner with a knowledgeable real estate CPA who can guide you through the transaction to ensure you can meet the qualifications of the STR loophole.

This is transactional funding, seller has vested interest in helping you.

Work directly with on-site Construction Project Manager to insure project construction is per plans and specifications from start to finishProvide supervision of sub-contractors on project siteAssist to ensure construction activities move according to pre-determined scheduleCommunicate effectively with SubcontractorsDaily inspections and presence on project siteIdentify any project design and construction issues and bring to management team.Oversee and report progress of project against project plan scheduleCoordination with Construction Project Manager, all necessary work flow schedules and monitoring of same to insure all deadlines are metInform Management Team of work progress and of all significant matters relating to the projectDevelop strategies to promote efficient and cost-effective work practicesAbility to step into and perform duties on an existing under construction multi-family project.Recommendations will be required.Thank you,Anat

Does anyone know of a effective list of contacts for REO and Asset Management companies?

The key is marketing on a wide distribution of channels to get a billboard effect and attract those mid term renters.  

Everyone has the right to protect themselves and a gun may be the most effective method, particularly for smaller, weaker people.

I have responded to then usually with something to the effect of “please complete the prequalification application and then we can schedule a viewing.”

I’m not sure there’s value in having 3 intermediaries in a single real estate transaction.  

This is particularly effective when paired with bonus depreciation provisions.This method not only helps reduce your tax liability but also enhances cash flow, making it a powerful tool for real estate investors looking to grow their portfolios.3.