Highly suggest attending local meet ups and picking everyone's brain at those events.

Most insurance is based on replacement cost which is the estimated cost to rebuild the property in the event of a claim.The easiest way to get your questions answered is to talk to a knowledgeable agent!

He could have easily sold his Tesla shares instead to fund the deal, but by taking on debt and using them as collateral, one of the things he is doing is avoiding the taxable event that would otherwise happen if he sold the stock, and getting what is probably an extremely low interest rate for the loan.

Your order of events to state your argument is actually completely wrong and this is one of the main reasons I went in a different direction.

It's at the OC Fair and Event Center you can register for FREE on their website.Gaining a hands on understanding of what it takes to manage a property successfully will make you many times better at hiring property managers, evaluating data they provide, dealing with vendors, and tenants even if you later decide to roll the dice and invest out of state.Good luck in your journey.

Yeah you can't have a homeowners policy for a STR.This is better than finding out they won't cover you because you were renting it as a STR after a catastrophic event.

No taxable event results, and the assessed value of the property remains unchanged.

I would highly recommend that you speak with an attorney that does this on a regular basis to ensure you are protected and to ensure the loan docs are legally binding - the loan docs are of course key to ensure that you have documents you can execute on in the event of a default (mortgage, note, assignment of rents, personal guarantee, etc.). 

This is THE go-to event for Moore County investors to converge, discuss local opportunities, share deals, and forge successful partnerships.

I serve as the acquisition manager for a private equity firm specializing in retail and industrial properties.I'm on the hunt for networking events in NYC specifically geared towards commercial real estate professionals.