Limited Future Borrowing: Tying up multiple properties as collateral may limit the borrower’s ability to secure additional financing in the future, as those assets are already committed.4.

And because the PM is not a non-profit, they mark it up 20% and now you get a bill for $287 to change a light bulb.. seems unfair.

Our goal is to start and grow our portfolio to achieve financial stability, more family time, the freedom to take vacations, and the ability to live life on our terms.

Mello Roos are bonds that are floated to do off and on site development and then added to the tax bill. there is also 1915 act bonds etc.. if there was not the ability to float bonds CA would never have developed as it has as the up front captial for major improvements would have been a major stumbling block..

Whether it’s in real estate, life, or the service, the ability to adapt, overcome, and stay focused on the mission is what gets you through.

You have the ability to do all of this directly through a single IRA. 

You want to be careful not to bite off too much on a first purchase so maybe if more four units or less or available that could be a better starting point with less risk and more ability to learn without potential loss.

If you use your job as a springboard and keep getting raises, you keep increasing your lendability and ability to get more properties.

Quote from @Patricia Andriolo-Bull: Quote from @Mary Pastoral: Hi, We had to call VRBO for a bill that they are charging us and this is how I found out that VRBO charges 10% commission for any booking that was made outside their platform.

When it comes to real estate investing, one strategy stands out for its ability to build wealth while significantly reducing your personal living expenses: house hacking with multifamily properties.