I came across some critical information today that I think is important to share with you:In the aftermath of the LA fires, it has become evident that some homeowners’ insurance claims have been denied or disputed because the property title was held in a trust, but the insurance policy was under the individual homeowner’s name.This serves as a valuable reminder to review your insurance policies and ensure that the ownership structure on your property title matches the named insured on their policy.

Estoppel letters are definitely something I would recommend for commercial properties.

Most likely those would be smaller apartments, sub 50 units.It is harder to find solid property management on the smaller apartments.  

It usually works out if you have a great property because people will say "wow this is an amazing property for a killer deal" and youll end up with a glowing first few reviews if it pans out. then you are off to the races

Has anyone have any experience acquiring multifamily property using a SBA loan like to get your thoughts?

Hi David, you need a discounted propety, have you tried hyper focusing on off-market properties in your desired area.  

Hope is a bad strategy.The only on market strategy that I think can work is paying cash/line of credit/hard money for a property that does not qualify for conventional financing.

This is a million dollar property.  

I just DM’ed you but I’ve househacked a handful of properties on the northwest side of Chicago.

Be able to get into my first, 2nd or 3rd property?