@Edward Moore Golf carts are incredibly common in the Destin to Panama City Beach market. 

Originally posted by @Josh Edwards:@Yosef Lee Awesome story Yosef.

I view it as overall portfolio leverage instead of individual house, but it’s the same concept.

This was a proof of concept that Midwest rentals can and do cashflow atm without the HELOC part and with more conservative numbers that was in the concept of a discussion with someone else.

Maybe because I'm new  and I don't really understand the concept of having a "personal relationship" between lender and borrower yet.

We strong suggest to always get a Real Estate Attorney to review all documentation and prepare the seller docs (do this always - even if you have a Realtor).Most BP members are experienced enough to feel comfortable doing this themselves ... after you do 2 or 3, it will become routine.You are saving thousands of dollars so you will need to do a bit of work yourself, but it is worth it.Never pay full commissions any more ... if you decide to get a full service Realtor to list your house, that is fine (the Entry Only concept is not for everyone, we understand), but always negotiate a flat fee. % commissions are not valid any longer ... what additional work does a Realtor selling a $600,000 has to do than to sell a $400,000 that is worth $6,000 more in commission?

People have no concept how much ground that actually is.  

Hi - just starting to get into the BRRRR deal concept - here is an example of a deal that I am getting.I am considering doing a flip vs buy and hold. 

Overall the concept of Self Storage is fairly simple & straightforward nationwide, but the specifics do indeed differ state to state.But also, please peruse the current lease the Seller is using - at least you'll know what they've agreed to with the current tenants and vice versa. 

The old 'heads-in-beds' concept does not always make financial sense.