Faced with mounting expenses, extended timelines, and diminishing returns, we ultimately decided to sell the property instead of continuing with the BRRRR strategy.The Insurance Mistake:The biggest lesson I learned was that I had the wrong type of insurance.

Anyone dissing Jerry, or anyone else out there who is genuinely putting in the work and deserves every penny they EARNED - In addition to dropping gems that are unmatched in the industry are either under a rock, or don't know what they're talking about because they haven't put in 2 mins of the work to give the man a chance.

I've seen it all and done it all and I will talk your ear off.

I will continue my due diligence process and you both have helped me gain more confidence with my decision to start working with Praxis.

@Tom Hall It is my understanding that if you talk with your mortgage company first and make the necessary arrangements you can recast your mortgage to get a lower payment by paying down a chunk of the mortgage at once.

In fact, invest outside Calif for sure.I suggest you continue to rent and buy an investment property first.

Then again, if you’re talking about a mortgage on your personal residence, and you live in a state with an unlimited homestead exemption for creditor attachment like Texas or Florida, there’s an asset protection consideration as well.   

Hi there - North Carolina continuing education provider and broker in charge here.

Like I said, I'm not an accountant so you should probably talk to one.

@Kristi Wolfe I would be glad to connect with you and talk through possibilities for helping your son purchase a property in Tucson!