I've lived in Pittsburgh my whole life and being that I'm in an out of properties every single day, I really know the market.

So it could end up being a drawn out legal battle that I wouldn't want to be involved in as a renter living there personally. 

Confused because DSCR by nature looks at the income the property is generating and not your personal income or credit I believe. 

I've read a lot of Marco's posts on BiggerPockets about Memphis and other turnkey markets, but seeing him in person was even more impressive.  

I have seen it personally over the last 20 plus years of funding deals in those cities I spend time there I see it..

Personally, I had both liability from my property and a large umbrella policy. 

Hi everyone, I have a personal goal for the year of 2024 of achieving 200K in profit from flipping properties before Dec 31, 2024. 

So then the house is 10% owned by The Person, and 90% owned by The LLC (income and expenses shared accordingly).Now this year say I want to take the same percentage (10%) - and say it's a flat market and the house is still appraised at $500,000.  

I didn't think too much about socials because I don't really use them, but I do want to make them for my business, because I'm new to this and have only been doing it for a week I mainly focused on doing a deal...But you are right I should start my business & personal presence on social platforms, especially after a few sellers asked about my business and where they can find me...Thank you for that great tip I'll make sure to do so!

But then on the closing side, the attorney side, etc - listing what each potential person who could or should be involved in the transaction and what their role is would probably be helpful for someone getting started.