Hi all,I have been a solo agent for a few years and recently joined a team with the hopes of learning some new things and try the cold calling aspect.

Start small with manageable deals, educate yourself continuously, and build a strong network and team to support your growth.

I have a complete "team".

This will allow you to mitigate risk on the first property but also allow you to do a cash out refi on the second, so now you have access to tax free cash that you can do with whatever you please.

Haha, I'm only asking, because 1) I can't seem to find anything saying it's not allowed and 2) A previous thread of mine was deleted for apparent violation of some rules.

In Denver metro area, for instance, the city of Denver only allows short-term rentals in a primary residence.

Living in one unit and renting out the others allows you to deduct 75% of expenses like mortgage interest, property taxes, insurance, and shared repairs as rental expenses, while the remaining 25% applies to personal use.

We have helped a ton of clients with the process here in Chicago..just be sure to find a team (Agent, Lender, HUD Consultant, and General Contractor) that has done these renovation loans in the past!

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

They said we have to build new walls because the old walls are directly on the concrete, and this is not allowed.