People need to go to prison for this conduct. 

Hi All,My investment partner and I are currently conducting some early research on strong areas to purchase a cash flow rental, likely in late 2023/early 2024 (our first foray into real estate investing).

@Bethany PeysenTo expand your real estate portfolio, stay connected with agents and lenders, conduct thorough inspections, and prepare for longer closing times.

It is crucial for investors to exercise caution, conduct thorough due diligence, and seek advice from reputable professionals before dealing with these two .Sief Khafagi wasn't the problem , the problem was Brian and Arda stole everyone's money and used it to enrich themselves.

If the HELOC amount you're requesting is relatively low (often below $100,000), lenders might waive the full appraisal.Drive-By Appraisal : Instead of a full interior inspection, a drive-by appraisal involves the appraiser evaluating the exterior of the property only.Desktop Appraisal : This type of appraisal is conducted remotely using data and photos provided by the homeowner or real estate agents.Based on the little knowledge that I have about stuff like this it sounds like you need to connect with existing lenders in your network or find new lenders in your network that have programs aligned with your goals.

As others have mentioned, it's also important to not rush into deals, and conduct due diligence!

However, you can conduct a proper analysis and due diligence prior to purchasing that will mitigate cash flow losses.From a management standpoint, are you charging enough for rent?

Conduct thorough property inspections, market analysis, and financial analysis for informed decisions.Good luck!

Our thesis in North Texas is finding heavy discounts, conducting comprehensive renovations, and holding long-term in middle income markets.

Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.