For example, I am managing his investment right now all for free, I let him to borrow my car and store all his tools in my home, so our relationship is very close.

Starting small is okay; it's all about gaining experience and building from there.Networking is also super valuable, so get involved in local groups or forums (other than BiggerPockets).

., they ignored warnings that the tree was dangerous).Check the LLC's Assets: You can research the LLC's assets through public records or online tools (like your state's business registry or property records).

And, they still have questions and need help with certain scenarios every now and then.Bottom line: VAs can be very valuable but need to be properly trained and preferably come with experience like any other hire.Hope this helps!

Hi Nico,Thank you for your post, You mentioned that hiring a few virtual assistants (VAs) to cold call has been effective, and that text messaging is also performing decently,I specialize in identifying and revitalizing unique properties—those that are not typical, for example, I recently spotted a triangle-shaped property that has the potential to be transformed into something beautiful and valuable, either for living or resale, Could you please share your approach and any guidance you might have on the process of using virtual assistants (VAs) to cold call and the text messaging strategies that have been effective for you?

A 721 Exchange is a great investment tool for real estate investors that are looking for diversification, tax-deferral or estate planning.Investors can contribute the funds from a property that has already been sold into a 721 Operating Company and receive Operating Partnership Units (OPU) or they can also sell the property directly to the Operating Company in exchange for OPUs.

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.  

My focus now is on consistent rental income since I don't really have the tools and knowledge to make wise appreciation plays.

If you're unsure whether your mortgage is owned by Fannie Mae or Freddie Mac, you can use their online loan lookup tools to verify [oai_citation:2,For Homeowners Affected by a Natural Disaster](https://myhome.freddiemac.com/docs/Natural_Disaster_Relief_Consumer_Flyer_GSEs.pdf?

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.