A buyer needed, I heard through the grapevine, $100M of liquid capital to acquire them for very darned little.

Most lay people have zero idea how to get through a transaction.

Hi @Nicholas L.We are sourcing our deals through a combination of resources.

One of the turn key companies that I found through bigger pockets doesn't have properties available in the areas that this new company I working with could potentially set me up for.

Hello Kyle,When screening applications for the properties that I manage, I always look for:- Income of at least 3 times the monthly rent (verified through the employer)- Credit score of 580+- Rental verification with past landlords (no outstanding balances, no late payments, and the property left in acceptable condition)- No history of collections, evictions, or criminal offenses- No overdue debt (except medical debt)I have found this screening standard very helpful when finding tenants who pay on time and treat the property well!

The last 5 deals I bought were all basically move in ready, bought only at a slight discount after deals fell through. 

I know a lot about the industry through my education, but have very little/no practical experience when it comes to managing investment properties. 

A business line of credit through your LLC protects personal assets, builds business credit, and may allow interest deductions, but it might be harder to secure for a new LLC.

Payments are all set up through ACH around the middle of the month (several weeks early). 

I actually have a webinar i put on a couple of years ago walking through all the pitfalls and mistakes I made doing 482 BRRRs between 2009-2018 in Chicago.