However, another illegal aspect is when a non licensed party publicly advertises the property prior to owning it.

I wonder what happens when your customers realize that they can get together and file a class-action lawsuit against your organization for an insignificant sum of money.Thank you for your response and for highlighting an important aspect of your comment...

It is different for me as I do enjoy REI and a lot of aspects of it, along with having the security of a W2 and a healthy pension after.

He also likes to tell me how much I should offer on the property and the final amount it is worth but I have learned that I know more about this aspect than he does.

The main hurdle that many of our borrowers face are the income aspect of it, especially expensive markets like the West coast.

Sound money decisions, planning, eliminating wasteful spending, and having a team are all critical aspects needing attention when you’ve made the decision it’s time to expand your financial horizons. 

Happy to connect on the lending aspect! 

While the former presents a classic investment opportunity, the latter has caught my eye for its unique and potentially lucrative approach.As someone relatively new to this field, I'm aware that there might be aspects I haven't considered or opportunities I'm overlooking.

Moreover, lenders often mandate reserves to ensure the borrower can meet ongoing financial obligations.Selecting viable investment properties is another vital aspect of the process.

Define your investment goals, familiarize yourself with related terms, evaluate your financial situation, begin small, investigate markets, establish investment standards, cultivate professional connections, carry out exhaustive due diligence, investigate funding alternatives, and determine whether to manage the property on your own or by hiring a property management company.Decide what you want to achieve—stable cash flow, long-term growth, tax advantages, or all of these—and dedicate some time to learning about them by reading books, using the internet, taking classes, and attending seminars.