Prioritize your financial stability.

@Carl TrubLots of legal and tax implications - you should look at having them put the home in a living trust.I am not an attorney but there are ways to make it so your cost basis is today's value versus a lower value such as if you buy it at a low cost.

If you're asking how to get a general purpose loan to the LLC, then that's not going to happen without several years of operating history and organized financials for a CRE lender to underwrite. 

If you want to JV your wholesale deals you want to do it with someone you know, like, and trust over time and have met in person.There’s nothing more wasteful and inefficient (in the private sector) than financial intermediaries engaging in a “daisy chain” to try to close “undoable” deals.

If you're on a %/mo fee structure from them it doesn't sound like financial incentives are aligned if they still get paid while it's vacant.

Pulled this together for a RE Investor meet up on how "today's tech stack" is breaking down historical concerns of STRs being a time-suck for RE Investors when looking at either purchasing properties for STR deployment or evaluating assets for STR usage vs other strategies.

I used the calculator today and it was adding cashflow during rehab months 🤦🏻‍♀️I also noticed that rent did not increase for years 2-30. 

I happen to be in Cleveland today.. just funded one in Toledo today as well..

Today, I’m in a place where I can share my knowledge and experience with clients, while still valuing their input and perspectives.The Dunning-Kruger effect reminds us that learning is a continuous process.

I just got 800 for a 1 br in EAST Cleveland, I have my inspection today.