Wanted to share a quick tip with you fellow BP'ers! Here's how I got the seller to go from "Nope that won't work for me. Sorry. Maybe we can do something in the future..."      to saying, "That's not bad, I'll definit...

I now own 1,000 apartment units and bought all of them right (with equity), I save 3-5% every month of the gross rents for operating reserves and another amount for capital reserves, and I only bough toys 3 years when my passive income can more than afford it.Today, I make more money in a month than most people make in a year.

I said "I have a home bought for X, rehabbed to Y, I want a conventional loan and to refi it.

Hello BP,I am set to move to San Bernardino for graduate school in the near future and am toying with the idea of housing hacking during my time there rather than just paying rent. 

That's in part a result of Series LLCs being complicated to set up and thus more expensive and thus more money that an attorney can charge you, part a result of it being a shiny new toy that every attorney wants to try out and set up, and part a result of attorneys wanting to provide maximum, duplicative, redundant protections for their clients (no lawyer wants to be the one who assures their client that their LLC is foolproof or to say that their proposed course of action will be fine only to later watch that client lose their business, home, car, coin collection, etc.). 

But, that being said, if you buy toys, then you want residual income paying for it so they don’t make you have to work. 

I really want to connect with people (brand new or very experienced) and see if some brainstorming might bring up new ideas to the table.We are HIGHLY motivated and are spending hours on end every day learning and studying our current market to get an edge.Please connect with me through BP and from here I will give you my phone number or email and we can discuss further.Do you make toys? 

Including first floor units; What I mean by that is that within the walkway, some first floor units also have chairs, benches, toys, hoses, shrubs that also equate to a “tripping hazard” To me it seem they’re singling me out: “you need to move it, people are tripping over it” I am completely respectful of other people’s comfort within the walkway and I went as far as to measure what area is underneath the patio perimeter of the twin unit above me, and I sawed off a partition of the legs.

@DuBois Othero Toy ya!

I would flip this question around and evaluate this from your side:  if you view this as your forever home and it truly has that level of sentimental value and functional value to you and your family and staying there for the long haul is a desirable thing, then you'll find that you have an extremely desirable BATNA (best alternative to a negotiated agreement - from the book Getting To Yes) and you'll likely be best served by setting the terms for what you can and will consider in the negotiations with the developer.I primarily recommend you setting these terms (for example: go to the developer and have a frank conversation about the price you'll sell at and let him/her know that this its not a high-ball/low-ball game to you, but you want to communicate the best monetary way for them to achieve this win at a number that is workable to you) because allowing or requiring the developer to set the initial offer amount is going to anchor them on this price.