If you have any tips, resources, or advice for someone just starting out, I’d greatly appreciate your insights.Some specific things I’m working on right now:Building a strong buyers list.Identifying motivated sellers and honing my outreach.Learning the ins and outs of structuring win-win deals.I’m open to partnering, collaborating, or just grabbing coffee to exchange ideas.

Texas does have specific rules regarding home equity loans and cash-out refinancing (often referred to as "Texas Equity Section 50(a)(6)"), but these don’t prohibit homeowners from using funds for investment properties.

Capex budget was underfunded.  

Hello Doug, I am not a real estate attorney nor is this legal advice.Unless someone's state has specific laws banning contract assignments you should be fine doing the following.  

I'm relocating to the Upper East Side this June for a three-year period and am considering purchasing a 1-2 bedroom apartment with a budget of $1-2M.

Happy to share more specific ideas!

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

For example Hospitable has a option for this through there direct bookings payout sections but it is only for specific states.

That is more than 50% of the ENTIRE annual budget of CA for 2024. 

Happy to keep the conversation going if anyone wants to dive deeper into trends or specifics!