Now when or if you can figure out a way to build a giant practice in NYC and you're banking $500K a year, then you can start working on your Trump Tower condo.#4 Get contractors with insurance, or buy in LLC to minimize expenses, get insurance on the house.

To add to what @Jacob Gildea said, David Lanza attends the CARPOA REIA meetings first Thursday at Camp Hill Giant and gives free consultation at the meetings for members, one of the benefits of membership.

Basicly a whole lot of nothin Dick. ;)

Go giants!!..

They are also a giant PITA if you dont have a lender and an agent that knows them and how to get through the loopholes.

There are many things a general agent does not know about our business that could really hurt you in the long run.Patrick Ford Stanford & Associates Hindsdale, Illinois (National)Dick King Insurance Omaha, Nebraska (Nebraska, Kansas, Missouri, Illinois)Kurt Kelly (Mobile Insurance) The Woodlands, Texas (Southeast and South West)Barrett & Associates Bloomfield Hills MI (mostly Michigan) Between them they insure 80% of the communities.

@Dick Rosen @Bob E. 

You just took a giant leap in the right direction; signing up on Bigger Pockets!

ET Homeowners soon will be able to count income they earn from Airbnb Inc. rentals on applications for refinance loans.A new program -- expected to be announced on Thursday by Airbnb, mortgage giant Fannie Mae and three big lenders -- will allow anyone who has rented out property on Airbnb for a year or longer to count some or all of that money as income.Refinancing can be a way for a homeowner to tap home equity for renovations, college tuition or other big expenses, or to reduce their monthly payments.Lenders have been tougher on income from side businesses and part-time work since the mid-2000s, when poorly documented income claims on mortgage applications helped fuel the housing bubble.Airbnb, which launched in 2008, argues that its service includes reliable technology to track income, and that it is helping middle-class Americans stay in their homes by giving them a way to generate additional cash."

We are able to consistently create 20% cash on cash returns through value add with giant deltas between acquisition price and market value.