Do not simply trust a turn key provider, a wholesaler or even a real estate agent that is supposed to be looking for your best interest.

How SB-423 Benefits Real Estate Agents and Developers SB-423 removes a key barrier to residential development, allowing agents and developers to move projects forward with fewer delays.

One of the key lessons from this deal is the importance of securing below-market debt, as the loan assumption significantly enhances the investment’s attractiveness.

It is a great market but highly recommend partnering with an agent who knows the market and has experience dealing with investors as location is key. 

@Khaled SeirafiA 1031 exchange from a multi-use property in the Bay Area to a multifamily in Orange County with a medium-term rental (MTR) strategy can definitely work, but location, regulations, and demand are key.

A key point of the LLC offering protection is the separation - so if a name/asset is in your name but the bills/loan re paid from an LLC we don't have that separation. 

@Juan LagunasIf you're looking to connect with investors and investor-friendly agents in Houston, networking is key.

Here are the key details of my situation:Rental Property Details (Note: This was our primary home till 2017):Current Value: $970,000 to $1MPrimary Mortgage Loan Balance: $505,000 (@ 2.6%)Took Home Equity Loan on this house to make down payment for my current primary residence.Home Equity Loan Balance: $123,000Total Loan Balance: $628K (Primary Mortgage + Home Equity Loan)Rental Status: OccupiedPrimary Residence:Purchased in 2022Mortgage Rate: 7.3%Current Loan Balance: $650KMy goal for 2025 is 2 fold: #1.

The key here is to give that BOR to the contractors so that they can bid the EXACT scope of work. 

Proximity is power, and finding the right group to surround yourself with is key!