By structuring the deal efficiently and leveraging market conditions, we were able to secure a strong buyer and close quickly.

My contractor brought me a house off the market. We walked it. Can add a in-law suite for lots of value. We can buy the house for maybe 125k and he estimates 120k in renovations. He will do all the work. I wil...

Unfortunately, most PMC contracts are pretty vague making it a challenge to get useful information.3) A mix of the two aboveSome PMCs have internal handyman type ServiceTechs for small jobs that they bill hourly for, but get bids for any job requiring a licensed contractor.An owner should understand what type(s) of the above that their PMC uses and discuss as necessary to better understand.THE CHALLENGES OF GETTING 3 BIDSWe wanted to touch on this topic because it seems to be a pain point between PMCs and owners.In theory, it's easy to get multiple bids - you just search online for companies and contact them to get a bid. 

Here’s how they approached it:1.Scraping Listings: They used web scraping tools like Beautiful Soup and GPT APIs to scan Airbnb for properties in their target areas.2.Image Analysis: They trained an AI model to analyse listing photos, identifying homes with solid potential (good structure, layout, location) that were undervalued due to low-quality photos.

@Jim G.Per the International Residential Code if the glazing is less then 60 inches vertically from a standing or walking surface then yes it’s required to be safety glass as it’s considered a hazardous area.  

Their cost structures are significantly different from what new investors face today.Maybe I haven't yet reached the section that addresses different market conditions and interest rate environments, but I’d love to hear insights from those with more experience.

Looking for guidance on the best way to proceed going forward in terms of asset protection and how to structure all of this real estate… 

How are deals like this usually structured? 

Registering as a foreign LLC allows you to maintain continuity with your existing business structure, branding, and EIN while operating legally in the new state.

It works just fine if the operator knows what theyre doing and structures it correctly.