It's been 2.5 years since I purchased my first property and now that everything in my personal life has slowed down I'm back on the horse and ready to find my next investment.

If loan balance is $300k and it's worth $400k and an equity partner puts $40k to bring it current then they have about 40% of equity in the property - now they would not take straight $40k as probably more costs involved.

If your guests are leaving standard 5-star reviews, that’s great—but if those reviews could apply to any rental in your area, you’re still competing on price.If they’re leaving raving reviews, your property becomes the go-to choice—at premium rates.

@Janine Sharma The decision to classify your onsite mobile home park property manager as a W-2 employee or a 1099 contractor depends on the degree of control you have over their work.

Now days you don't buy a deal you make the deal either with how you operate the property, how you finance the property, or how you purchase the property.

The loan would be secured by the property.

I aim to buy my first investment property this year and am considering residential opportunities both in DFW and OOS. 

The first mistake is the property is free and clear.  

Can't see much of the property history since I am in CO.

I'm looking for an experienced contractor to partner with on my first full flip; I own two properties and have done minor renovations to those properties but this is my first full flip with a full rehab so I want someone with experience to assist as I learn the ropes.