I follow the IG's for fun, but keep it free)*Find a good mentor (preferably a seasoned investor - not an agent, or someone that needs the hope of a transactional sale to share advice)*Buy a deal only if and when it makes senseI think 2024 is a great time to be on the sideline and a LEARNER.

They transact quietly.3) Similar to above, I know of a few people that have been asked directly by their lender if they have interest in taking over a nearby property for just the loan amount.

**Risk of Cross-Collateralization**: All properties are typically used as collateral, so if one property underperforms or defaults, it can affect the entire portfolio. 2.

What follows is my general understating, as a layman,  and personal opinion.The most obvious thing is not to misrepresent yourself as agent or broker, as someone who represents anyone in the transaction.

I thought I had every “T”crossed & “I” dotted with these tenants..

I got my license two years ago and recently closed two transactions as buyer agent.

This helps ensure the transaction progresses smoothly and in a timely manner.Earnest Money Deposit: Specify the amount of earnest money the buyer will deposit with the offer.

@Adam GottRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Create a Proof accountYour documents and transaction details will be securely stored in your account where you’ll also be able to initiate future notarizations and eSigns.3.

A large part of this was necessity; interest rates of 12% - 18% IF available doesn’t leave much room for profit UNLESS property can be transacted with leverage at a lower rate.