My Team hosts 12+ Free meetups each quarter in Massachusetts, New Hampshire, and Maine, under the name Simplified Real Estate Meetups.

We love the ability to move cash in and out of the heloc as needed.

Quote from @Larissa Leeper: I want to make a move for my first rental.

I've had qualified renters move into a rental, add their bum friends or family members, and then disappear, leaving me with bad renters who weren't approved and aren't on the lease.The best practice is to screen every adult, approve them, and add them to the lease. 

For context, before I learned about his 6 unit I was planning to purchase a 2-3 unit long term rental in Q1 2025 as my first of many deals with a 5 year goal of financial freedom so I can coach my daughter's high school cross country and track teams.

Hi Geoff,In my opinion, keeping your current home as a rental property could be a smart move.

You LP lost everything.Other ways, poor property management team isn't managing property well, and syndicator bought in tertiary market with only one or two managers available and no way to self manage.  

I will move forward with my journey and just follow the positive people in this group that is amazing.I get the Ra RA Ra stuff.. just sometimes reality comes into play.. and its sad to see people run down these rabbit holes.. when those with decades of experience in the industry know better.. just trying to give both sides..   

I would be interested in connecting for the Washington team position for both purchasing agent and professional property management.

So in my mind it would be best used as a last move into a REIT you never sell.