Ft.When I began to follow these guidelines it simplified the process and provided me a tangible checklist to use.

Some thoughts: as a way to simplify things with the process and HOA, might be good idea if you can contact owner of the other unit that had similar work done for who they used.

Either way, though, that's not something that will necessarily be simplified by a second LLC, but some solid bookkeeping would do nicely.

We simplify the "buy in" by offering shares. 

This simplifies asset protection, partnerships and organization of finances.LLC A is a real estate investment firm - Branded and loved by all.LLC B is a holding company for the property, it owns the Deed.Now LLC B could be split between 70% investors and 30% LLC A.

A liability takes money out of your pocket.Kiyosaki is good at simplifying complex concepts.

Hi Ashley,Just to clarify a quick point regarding the distinction between a "rate and term refinance" and a "cash-out refinance"We can use the following simplified "BRRRR" example...Purchase price: $100,000Rehab amount: $50,000ARV: $225,000Initial loan for purchase/rehab: $127,500After you've repaired the property and rented it out, you wait the seasoning period and then refinance...A "rate and term refinance" would just replace the initial loan of $127,500 with a more favorable interest rate and a longer term length.

Law office of Doug Mercurio for the closing, JDCU for financing, and Simplified Management for PM

I've heard people having success with things like taskrabbit.com but Craigslist definitely simplifies things a little.

Yes, Doug Mercurio was our attorney, JDCU gave us the $$, and Simplified Management managed the tenants during the transition of ownership.