Quitting is the one decision I regret that Ive made because I’d likely have a portfolio worth at least $10M today.

None of this means that this is necessarily a bad deal; it just means that all factors need to be considered in your decision.

Invest in Real Estate Education: Before making any major investment decisions, it's crucial to understand the ins and outs of the real estate market.

I was saved my the bell, the property was listed incorrectly and the broker was a bit shaky with their practices.

Happy to share if it would be useful for someone:🔗 https://app.reinvify.com/mapFeel free to check it out and see if it helps with your real estate investment decisions. 

As of right now, as stated above, we are fixing some issues and then we are going to be making some decisions.

Instead, I informed him of my decision.

The buyers made a decision accordingly.A home inspection cost between 200 and 500 minimum... you just had two at the cost of the buyers.

For investors, making informed purchasing decisions and gaining a deep understanding of the market is essential though.

No LLC Needed: This keeps things simpler and avoids the state income tax associated with forming an LLC in Tennessee.Steps to Set Up Tenancy in Common:Purchase the Property: When you buy the property, instruct the closing agent or attorney to list both of you on the deed as tenants in common.Draft an Agreement: While it’s not legally required, it’s smart to have a written agreement detailing each partner’s responsibilities, the split of profits, and how decisions will be made.