Risk Management: Securing enough funding to cover unexpected expenses during the renovation is a challenge.

And that gave us a feeling of security that allowed us to take "riskier" bets.

@Clemens GeorgRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

Finding DSCR lenders willing to take a second position can be challenging, as many prefer the security of being in the first lien position.

The state doesn’t have rent control laws, but landlords are prohibited from collecting more than one month’s rent for security deposits.

Every time a guru “education” course was co pleated, I’d receive 10 -20 phone calls from either investor wannabes “building their team” in preparation for all the real estate “great” deals they were going to uncover or the same wannabes who had already identified a “great” deal (they hadn’t submitted let alone secured acceptance of an offer yet) and were lining up their financing which since they were purchasing at 50% of the value they’d end up with not only 100% financing but also walk away from the closing table with cash in their pocket.  

Hi BP Community,I’m a house flipper in the Oakland / SanFrancisco area, and I’m seeking recommendations for insurance agents who can assist with securing builder’s risk insurance.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

@Michelle MaciasRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

I've been doing it since 2015 (including Section 8), and I've yet to have any damage done that exceeded the security deposit.