I am not able to take equity out of my condo because it is currently on the blacklist due to HOA fixing the roofing and a Fannie Mae rule stating, if more then 50% of the condos in that community are owned by investors, I may not be able to refi.

So even though I lost a deal and commission I won loyalty and a client for life and became very valued as an agent and very successful by getting the money that was deserved and obviously, rightfully, morally and legally due to her.  

I just used my attorney as our registered agent, PO Box as our business address, and a separate LLC as the holding company. $50/ LLC and it literally takes less than 20 minutes for each LLC and costs less than $20/ yr. to renew each LLC.

These are professionals with additional training and a stricter code of ethics.

I spend money on postcards, distressed lists and a website.

A lot of investors who succeed in EC know the tenant base very well and a lot of them self manage.

For our second home, we installed a Yale lock that has a physical key and a keypad.

I live in the Las Vegas market and have investments and a real estate brokerage in Henderson.

With 20 years experience managing my sfr and as a property manager for a broker and a bank, this switch into ABNB has been a learning experience.  

For example, one client in Chicago wasn’t getting traction until we updated their listing with a twilight shot of their patio featuring string lights and a fire pit.