@Raquel ReedRecommend you understand the property Classes, so you buy wisely!

@Jillian Alonge A HELOC provides quick access to equity for your next property but transferring the property to an LLC via quitclaim deed may trigger the due-on-sale clause—check with your lender.

I’ve been in the industry for several years, and my work has given me a solid understanding of property systems, maintenance, and what makes a home a great investment.I’m now looking to expand my own real estate journey by learning how to acquire and manage short-term and long-term rental properties.

Hey Barbara, I have a property manager I can recommend for the LAIC service.

Investment Info:
Single-family residence buy & hold investment.

Purchase price: $289,000

Cash invested: $50,000

Live in/flip then LTR

What goals do you hope to achieve through this property?

By focusing on cost-effective improvements, investors can significantly enhance property value.By first Identifying which renovations offer the highest ROI—typically kitchens, bathrooms, and curb appeal. 

They develop, they build, they finance, they property manage, they will have HAO, cleaning crew etc. etc. etc. so the subsidiary companies make money every step of the way.From investor perspective: The investor pay $15 K to reserve the right to purchase 25 multiplex over the year of next 5 years. 5 each year.

. - Of course, you may need a Property Management Company to handle each rental when you move again.

Building a portfolio allows you to gain experience, develop systems, develop your own approach to managing properties etc.