Small Claims Court is also good, pro is you get an enforceable judgement so if anything is unclear such as damages amount that will be determined, cons are time and expense involved and once you win the big challenge is enforcing the order.  

Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

You could buy out the partner over time using part of the cash flow generated by the property.Consider a silent investor who provides capital without day-to-day involvement.

I'm reaching out to share a cautionary tale based on my recent experience with a fintech bank issue involving Yotta and Synapse.

Jim, that seems odd that the HML's won't allow it to be in an LLC's name.

I have done a little research concerning probate where I live and I am finding in my county the probate listings do not say if there is real estate involved.

Yes - I believe that odds are better at making an NFL roster than sustained modest six-figure success in wholesaling.Most of this industry is filled with broke no income no job, no assets types who paid a large educational fee to one of the ~5-20 major gurus in the space and will never make meaningful income.

I think being very involved in the tenant screening early on can help mitigate this risk.

It's just that simple. i already said 2/3 times that I give it 80%+ odd's it's some form of flushable wipes down there that have made a near blockage.     

.• If you want to get involved in syndications or passive real estate investing but you don't have enough in liquid cash for the minimum investment, you can use your retirement accounts like a self-direct IRA to do so!