I originally used liquidity from a refi, HELOC, and a personal LOC to make the purchase and then refi'd that money out after closing.

I agree that the best way to make money is self manage your short term rental (not AirBNB, that is a platform).

It may surprise you, but we have always operated under the premise that renewals make us more money than new leases.

If you are looking for growth, leverage your money and accelerate.

By purchasing this property, I now have very little money, but I still want to invest.

Clear out that line of credit and finish the apartment and move on to flips and try to focus on short term money and my business because I already have a couple of rentals set up for long term wealth.

If I had to guess I would say your money could “develop” 1-2 houses in Staten Island but in the right market you could easily get up to 12 or possibly more good units fully paid for.

Another reason to not like a PM is that there is no incentive for them to save you money.

Buy a house using your parents' money, then manage it for them while living there.

I heard Brandon talking about how he uses private money, rehabs, refinances, and then transfers the title to his LLC.