I closed on one in SC last month and just completed this future booking conversion process.Firstly, I would like to double down on everything Andrew Steffens mentioned 1000%.

In most of those cases, their broker took a high fee and the investor didn't end up with a great deal.Here are a couple of things that are a tipoff you are not working with a broker with your interests at heart (1) they want to pull your credit before having a conversation, or (2) they send you a long list of things you need to provide them before learning about you and your deal.The conversation should start with why you are interested in REI, then understanding your strategy to get there.

A basement conversion could make sense (either STR or LTR depending on how much work/headaches you are willing to take on).

Thanks to all of you guys for starting the conversation.

@Tawney HillDid either of you continue conversation with Avantstay or find out more info about how they work? 

Every investor has their own path, and hearing different perspectives will only enrich your journey.Challenges in Real Estate Investing:Finding deals: In competitive markets, it can be tough to find good deals that make sense financially.Capital and financing: Finding funding, especially as a new investor, can sometimes be challenging.Dealing with tenants: Managing rental properties and dealing with tenants can be tricky, especially with issues like late rent or property damage.Market risk: Real estate markets fluctuate, and external factors (like economic shifts or local development projects) can impact property values.I’d be happy to continue the conversation if you want to dive deeper into any of these topics!

My tenants are decent people and I let them know that I hate these kinds of conversations and if other people are complaining then clearly there is a pattern here that is wrong on their end. 

My conversion rate was higher because they kind of look like a wedding invite.In regard to lenders, join meetups and local facebook groups and ask for referrals.I’m doing larger commercial deals now and found I wasted a Ton of money on direct mail.

Multiples of $9000 + will also automatically get reported) that a bank can tell are from a cryptocurrency conversion will be reported. 

Would love to keep the conversation going and learn more from your experience!