You can think of creative ways of lowering your Electric Bill.There might be an opportunity for cost segregation here (please research this yourself)In conclusion, if you are able to get your NOI to that figure: $364,900 in a year or so, then your new value at an 8 Cap is $435,059, resulting in a $70,159 value creation over a period of 12 months.

There are platforms (one, in particular, I can think of) that will help you bring a certain level of automation to that rental management process (ie. automatically syndicating a single listing to 10+ major listing sites, thorough tenant screening with full background checks, digital lease creation, automated online rent collection, and maintenance tracking - all from within your account).

There are a lot of great options out there; aside from providing the basics (ie. listing tool to get the property published to 10+ major sites, scheduling tool to schedule viewings, tenant screening with comprehensive applications which include nationwide criminal background checks + credit checks + eviction history, digital lease creation tool, rent collection tool, and maintenance tracking tool), some services also offer your tenants additional capabilities which makes it an easier sell on your end when getting them to transition over (ie. their ability to report on-time rent payments to the credit bureaus; this can create an added incentive for making sure they pay that rent on time).

I have content creation experience and am planning to create videos and social media content around the flipping experiences.

Real estate is certainly a road to slow and steady wealth creation. 

If you can get a 4 unit and a basement, that would be ideal and create major cash flow and equity creation, plus you can not worry about a property manager and boost your yield.

Originally posted by @Wilson Pereira:In my last question, I meant to ask if there is anything that needs to be filed with the state or if it's just an operating agreement change to add new officer positions to the already formed LLC.The officers for an LLC are positions creation by the operating agreement.

Investing in real estate provides: positive economic impact by creation of jobs, the ability to increase property values, support to local population growth, and revitalizes impoverished communities.

Yes the listing broker can refuse to present in my state if the seller has given them instruction not to do so in writing.You better have it written into the listing agreement or the sellers can change their mind on what they said verbally and throw you down the river.On the buyers broker side it might come down to representation.Since no broker agreement was signed with the buyer than that buyer is simply a customer and the buyer broker doesn't have a fiduciary duty to the buyer as a client just a customer performing ministerial acts.I don't know why everyone gets worked up on broker/agents.Just like investors rehabbing or buying properties is their business so is closing sales for a broker/agent.The broker/agent needs to decide what kind of business they want for the time invested.If a buyer broker is worried about time and low fees make the investor buyer sign a brokerage agreement with language that there will be a minimum commission of X on all transactions and the buyer will make up any difference in commission at closing that the seller is not paying from the guaranteed minimum amount.Running a business as a broker/agent involves knowing what you spend and what you get in return.Shotgunning low ball offers all over creation KNOWING only a small fraction gets accepted is not an efficient business practice.

LA went crazy .. people asking 600k for a money loosing proposition in South LA for a 1b  three-four-plex with GRM of 12-13 ... and get em sold .. either I am not getting something or we are seeing creation of yet another bubble created by wide eyed speculating idiotsPlease, put me on your list of buyers for your wholesaling in SB.Kind Regards,Leonid