I was reading last night and thought:Why should I spend 2-3 years growing my single family home portfolio when I can just buy multifamilies without having to pay the huge down payment myself, instead using the private lender money?

While I agree that the purchase is an important part of the process, if you buy based on price and not on the STR aspect of the deal, it could fail.You might get the best damn deal on a property in an area that makes a terrible STR thus it isn't a deal at all.

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.

Tell everyone more about some of the numbers and pros and cons of your process so far.

My goal for 2025 is to ask for feedback from clients to improve our onboarding process.

Quote from @Meena Mallik: Quote from @Nick Belsky: @Meena MallikWelcome to the community and be ready for a huge amount of information at your finger tips.

One of the utilities, South West Gas, based in CA, gave me a hard time putting the account into my own name. after several calls, faxing the court-stamped eviction order, verifying my deed through the County, etc,  the operator finally agreed and started to backdate the account change to the beginning of the process!

It sounds like you’re in a great position to get started—$100k saved up and a clear goal are huge advantages.

In our opinion it is not worth the price to evict that many tenants as SCI will lose a lot of money in the process.

So there is huge risk expecting the 15 year limit to be reality.