We’re one of the few property managers that require W-2’s and a bank statement and we go way beyond the traditional, “income must = 3x rent” qualifier.Below is more information about what our Applications Department does to screen applicants and find the best tenants possible for your property.Required InfoWe require the following from each applicant over the age of 18, that is not a dependent of another applicant (as evidenced on a tax return):Copy of acceptable state picture IDRecent YTD paystubRecent W-2Recent Bank Statement, all pages, no info blacked outRecent tax return if self-employedApplicants are often slow about turning this information in, asking us why we need it and then taking several days to submit.

Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.

In my opinion, it can be a sign of builder/investor confidence in a given area if they're willing to put up the capital to build new homes in a given area: they believe there will be enough demand to sell their new products.

Quote from @Audris Tien: Hi @Deb, just wondering what self-directed IRA firm you are using to do this for private lending?

We even estimate your projected tax savings via the "short-term loophole" and provide branded property management reports and airbnb arbitrage analysis.Personally, I recommend looking at as many data sources as possible and once you're confident with that number plugging it into BNBCalc and sharing the reports with your colleagues / business partners to get their feedback on your investment analysis.

Using a cash-out refi to unlock $200k makes sense if you’re confident in your BRRRR strategy, as long as your overall portfolio remains cash flow positive.

Until I get my footing and confidence in the whole deal.

Here’s a quick rundown:STR Strategy: If you’re confident about managing an STR well, aim to stand out in the market and try to hit that $1,000/month target.

I will be making $55-$60/h by the time I’m certified at 21/22.I am also looking into side hustles to increase my income such as flipping cars, reselling etc.As of right now I have around 8k saved, and 5k invested in stocks.Obviously I cannot buy a property with just a few grand right now, but basically I just want to ask for any advice or tips you would give to me or your younger self when you started.I usually listen to audio books on personal finance and business while working instead of music to further my knowledge.Any sort of advice is welcome, books, podcasts, methods to learn about.

If the property’s in a growing area and you're confident about its potential, it could be a solid investment for the future.