It’s fantastic to see your passion for BRRRR, mid-term rentals, and money lending—those are excellent strategies to build a diversified and thriving real estate portfolio.

Eliminate debt, establish a budget, and save.

A restaurant or café with outdoor dining could thrive in this environment (there are not so many around the area), benefiting from the steady local traffic while also enhancing the appeal of the residential units.

Focus on building strong business credit through timely payments, low debt levels, and solid financial records, which carry more weight than the name alone in establishing creditworthiness.This post does not create a CPA-Client relationship.

I am speaking to you from experience 20 properties later, yes it is ok sometimes to overpay but once you are established and have a decent sized portfolio which could balance out any potential pitfalls.

I look forward to learning a lot here, and to establishing mutually beneficial relationships with fellow members! 

Establish piece rate pricing based on quantity, square footage, surface area, or linear footage and apply that to prospective projects.

The lease establishes the structure for how the tenancy should go so I would just keep my communication in line with that.

Instead, I recommend starting with turnkey properties while you build your local team and establish your boots on the ground.

Protect yourself.Our loan documentation package includes several handwritten forms that the borrower must complete at various points during escrow to establish the intended use of the funds.