It has been great for the equity but you have to be prepared to dump money into the property.

Be prepared to invest extra cash into amenities to lure guests in.

A business bank account helps with asset protection, accounting and tax return preparation. 

It's not negotiable.Most brokerages have failed their agents in preparing for this.

Similar to most knowing interest rates were getting cut, most companies knew this was coming and prepared for it.

Real estate companies that embrace this new reality will emerge not only compliant but more resilient, more attractive to investors, and better prepared to navigate the future of the industry.

Hi Carole,In a competitive market, the most effective financing strategies involve being prepared and proactive.

Be prepared to justify this to the seller, perhaps by highlighting the extensive rehab costs.Rehab Costs An $80K rehab budget on a multifamily property is substantial.

Being an agent will take a year or so to get off the ground so be prepared if you go that route.

If you are a landlord I would strongly recommend that you seek professional property management solutions elsewhere or fully be prepared to chase down your property managers for their services.