Continuous participation.This is great if you are talking about an SMB with effectively connected Real Estate.Note rental activity is considered passive unless you meet the RE Pro threshold of 750 hours and more than 1/2 your time.This is the conundrum for passive real estate investors.If you have a full-time job or a large, time-consuming business it can be difficult or impossible to qualify.A huge loss from depreciation if you have one LP investment isn’t going to do anything for you.

Quote from @Jaycee Greene: it all depends on the credit scores, but consumer mortgages tend to have lower interest rates than commercial loans.

Looking to connect with like-minded individuals on this platform, or those who have gone before me and can share their Dos and Don'ts from their own experience.

If all else fails, 😀 ReSure's got extensive resources on all these subjects in our educational platform (which actually includes some plagiarizing from Michael!

Efficiency: AI tools can automate time-consuming tasks such as property searches, fiscal modeling and even property management.

I added a new software platform, got rid of all abandoned vehicles, raised rents, seal-coated and striped parking lot, took out loads and loads of trash, got the phone number working and started marketing to local community groups.

CA's Secretary of State forms list the name and address of either a manager or member, so unless you're hiring a third party to serve as manager of your LLC, anonymity is very hard to achieve once filing publicly in CA.As to the probate part, you're right that going through a court probate is a huge hassle, including being expensive and time consuming. 

Sending a personalized greeting to guests when they book, answering their questions, programming lock codes, logging new bookings in my records and notifying my cleaners of them and any requests for early check in, paying cleaners monthly, ordering supplies, updating my listing descriptions about once a week even if it's just a sentence here or there (helps with rankings on the platforms, esp.

While you’re getting acclimated, feel free to explore the platform.

Furnished common area, furnished each bedroom with a queen bed, a dresser, a desk and a chair, then we listed on every platform that I can list and I paid every platform for their premium listing.