Quick heads-up: Starting January 4, 2025, Pennsylvanias Act 52 requires anyone involved in wholesaling real estate to be a licensed agent.

Most companies I’ve found require all tenants to be on a single lease, which doesn’t fit my plan.If anyone has recommendations for a PM company that allows individual room leases, I’d really appreciate it!

While I understand market trends, negotiations, and deal structuring, I know that becoming a successful investor requires a different mindset and skill set.I’m here to learn from those who have been in the trenches—whether it’s flipping, BRRRR, multifamily, or long-term rentals.

If local sales support the new value then you should not have to deal with the seasoning requirement.

Also, if there’s a mortgage, transferring it to an LLC could trigger the due-on-sale clause, requiring lender approval.Better Alternatives to Avoid Reassessment & Save on Taxes:Living Trust (Best Option) – Your aunt and stepfather could quitclaim their interests to your aunt, who then sets up a revocable trust naming your mother and you as beneficiaries.

Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.

If the income requirements are met, credit looks good, and employment history ( at least 6 months +) at the same job, move forward with the applicant and request additional deposit.That's an old eviction IMO.I have a current tenant that I leased to with low 500 credit.

They may cost more upfront, and require more work, but you'll see higher returns long term.

Per lender's requirement, the title is held by individuals as "tenants in common" rather than LLC.

Some banks required us to get full apprasial if loan was over a certain amount 500k. 5.