
4 December 2024 | 8 replies
TLDR: Bad idea for your personal home.

4 December 2024 | 9 replies
Quote from @Elizabeth Rose: @Josh Bowser this tip of doing a quick search on county GIS or software to see if homes in a neighborhood are owned in personal names or LLCs is gold, thank you!

9 December 2024 | 16 replies
That being said, I would use the "Lenders" link on BiggerPockets to try to reach out to more lenders about any programs they have that may fit your needs.Granted, my personal experience is somewhat dated, but when I was primarily doing BRRRs, I had a local lender that required 12 month seasoning on my first two deals.

7 December 2024 | 7 replies
If you have plenty of money then it probably wouldn’t matter how much the property costs, but for a $1MM+ property I’d personally want at least a 6-7% annual return through cash flow (15% or better preferred) and a pretty good idea that it’s going to appreciate solidly.

4 December 2024 | 18 replies
If you fail to follow the rules, you may open your personal assets to a lawsuit.

2 December 2024 | 35 replies
I'd look at crime rates and I'd also look at multifamily supply projections to see how many units are expected to come online in the next few years.

4 December 2024 | 2 replies
"A smart person learns from his mistakes, but a truly wise person learns from the mistakes of others" - Ken Schramm

6 December 2024 | 9 replies
Keep personal and business finances separate to create less headache.File all receipts in a dedicated Google Drive folder.

5 December 2024 | 13 replies
Owners are able to list their personal contact information, but I believe there is a stipulation that the contact must be local to the property4.

7 December 2024 | 9 replies
I know a buyer that would offer 10% down for earnest money, but he made it contingent on his personal inspection of the property within X days.