Realistically speaking, except in very rare cases, I think it’s all about pictures pictures picturesMost people aren’t gonna have success  starting their own booking website or running targeted ads or creating some amazing Instagram account.

If you need assistance with such an acquisition please reach out to me.  

Unless new companies create replacement jobs in the city requiring similar skills and pay comparable wages, your tenants may be forced to take lower-paying service sector jobs.

I had one overall criteria and that was could I create additional value and could it pencil. 

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Get SMLLC to start, you can elect S-corp when the time is right.This post does not create a CPA-Client relationship.

I even have a cousin who is homeless - by choice (?!??).

(I know, nothing is certain but just hypothetically) and all cash out loans are not created equal. if you have a lot of equity you can borrow up to 60% with the lowest rate possible, which would be close to a half point lower then borrowing up to 75% loan to value. 

Once you're ready, create a goal (e.g., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.

Hey bigger pockets family, I'm facing a dilemma that consists of me choosing whether or not to buy a tiny home and put it on my current home's property, creating an ADU to rent out or to save that money that I would put into the tiny home and save for my next purchase.