These steps can help you secure financing and confidently move forward with your first property.Good luck!

I’m A 11th Grader And I’m Committed To Being A Young Real Estate Investor After HighSchool...Just Trying To Seek Advice

Hey, how about that genius move to turn OFF the power, including to the water pumps.

It takes years and markets change and move. 

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..   

Office space has taken quite a hit lately, especially with the move to work from home.

If you moved it to an LLC that both of you own it will be a partnership and that has its own consequences and costs. 

Theyre expensive, but you wont lose your home to foreclosure unless you move out, stop paying taxes/insurance, or fail to maintain it. 

So right now our main goal is the cash flow because in the end that is the way we will be able to move up in the real estate industry. 

When you own a couple of units, the odds of there being unexpected vacancies that overlap each other are usually low, but when you acquire more and more real estate, the odds of tenants moving out around similar times increases.