If this is the first job you're doing, you might consider adding someone to your team who has done this successfully in the past.That way, in your business plan, you can point to that person's success with particular numbers and metrics.Then investors can make that leap of faith, hoping that your team's experience will bring them the same success you saw before.Success breeds success and investors know that.Good luck.View additional small business and real estate finance articles at http://www.examiner.com/x-22012-Seattle-Small-Business-Examiner.

Hello Chris,Welcome to the BP forum.My situation is similar to yours, and I'm currently studing for the real estate exam in North Carolina right now.

Looking to get into multi-femily investing and I'll want to apply this formula I examine some deals.

Good morning BP World,I have some exciting and nerve racking events on the horizon and I need some advice! 

It seems like those could easy turn into situations where they stop paying or never pay and end up like house guests .Having someone live in your personal residence while you were going through evicting them must of been tough and uncomfortable , I guess some people have a lot of nerve and just don't care .

The lender will be interested in your experience managing properties - or that of your hired management - and will examine your own financial strength to demonstrate you have some acumen and are not a fiscal basket case.  

I'm surprised they would even assist you in forming an entity, I can tell you bank examiners would not smile on that.So, ask that attorney why so much, it's boilerplate stuff, forms, an idiot can fill them out, but it's the operating agreement that needs careful consideration as to what you will be doing in the future.

I'm going to give it another week or so and re-examine the market.

This piece is meant to aid in cleaning up the industry and instruct folks on how they can take examine materials and scenarios for some of the games bad boys play.

I'm Jason Williams, a relatively new cross boarder investor who is looking to meet like minded investors to bounce ideas off of and share solutions with.I presently work in the automotive industry but am investing in real estate to supplement my income and to have something to leave for my future children.I stumbled onto this site while searching for evaluation tools after becoming a co-owner of my first duplex in Florida but I haven't worked up the nerve to do an introduction.