In addition to finding good software program that meets your needs, I encourage you to get your "legal ducks in a row": e.g. landlord forms library, educational resources, lease agreement and addenda, and operations practice and procedures and policy manual.

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

That's the only control you have, so do not waste it.

I will be injecting new funds every year.Full Control: I enjoy analyzing deals and prefer to have full control over my investments, so syndication is not an option.Given that I'm a complete newbie in real estate, I would greatly appreciate your advice on the following:Selection Criteria: What factors should I prioritize when choosing properties?

Additionally, for rate-term refinances, many DSCR lenders have no seasoning requirements at all.Easier qualification: DSCR lenders have much lighter qualification requirements than conventional or portfolio lenders, such as no DTI, income verification, or tax return hurdles that can slow down or disqualify loansFlexibility: While conventional and bank lenders are heavily regulated and follow standardized rules, DSCR lenders have much more flexibility and control over their guidelines.

We have worked with practically all 3rd property management software, and our clients have a love and hate relation.

This job has given me practical experience in general repairs and maintenance of large multi-family buildings.

For those using a LLC to acquire fix-and-flips, wholesale, or deals you don't anticipate holding long term:Are you utilizing your home address or a virtual business address?Are you representing yourself as a Registere...

But mainly the HOA aspect because with a condo you do let go of certain controls when the HOA is in charge, like a condo.

It is common practice for businesses large and small, and we too have a number of structures protecting our assets.