Go to school and finish “ No Quitting” One went to college and graduated, with no debt because they worked all through college and applied to enough scholarships to make your head spin.One left home early and found consistent employment currently a young supervisor( now married with kids)The last one stayed home like first one got a trade in the electrical field (graduated).Then I told them no outside debt, you are getting houses.

Communication with tenants can be done through Google Voice or WhatsApp, and Proper Insurance covers both property and liability.Good luck!

., single-family homes, multi-family units) to diversify my investments.10.Focus on Cash Flow: I’ll prioritize properties that generate consistent positive cash flow, ensuring that rental income covers all expenses, including mortgage payments, maintenance, and management fees.11.Long-Term Hold: I’ll hold properties long-term to benefit from appreciation and tax advantages.

Let the attorney handle all communication, you take notes and keep copies of all the paperwork, and maybe next time you will be ready to try it on your own.

What strategies have you found most successful in ensuring clear communication, trust, and mutual satisfaction?

Scenario:A lender had limited communication with the borrower throughout the loan term, resulting in misunderstandings and lack of alignment on project goals and expectations.Mistake:Miscommunication led to issues that could have been addressed early on, contributing to project delays and difficulties in loan repayment.Lesson Learned:Maintain open and regular communication with borrowers.

We were very unhappy with the timeliness and quality of the work on this project as well as the quality of our communications with Ryan Poske (CEO at Bildwise and our primary point of contact).

@James McGovern yes, it can if you put a lot of time into it and have consistency.

Quote from @Chris Seveney: @James McGovernGeraci and Doss have standard docs - believe one site is called lighting docsI have a set from my own attorney as I want specific language included in the documents In the same sense that a HUD-1 is used by all lawyers at part of closing, looking for lenders to standardize how they communicate loan terms 

How do they communicate with you about repairs and such?