Firstly, becoming a multifamily agent is a fantastic way to learn the business first hand while making some cash in the process.

She is one of my PM agents and she has quite a few that is doing by the room. 

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

@Jillian Alonge A HELOC provides quick access to equity for your next property but transferring the property to an LLC via quitclaim deed may trigger the due-on-sale clause—check with your lender.

He decided to switch to a finance degree with the goal of financial advising and real estate investing. 

Thanks for the info!

The name on the insurance policy is just the name of the LLC.

It is the place to get the advise you are looking for

Keeping my eye on the worst houses in the best neighbors that need some reno that I can turn into STRs or LTRs.

.🚨 Common issues I see:❌ Not properly tracking repairs vs. capital improvements❌ Missing out on cost segregation & depreciation write-offs❌ Scrambling at tax time instead of planning proactivelyI’d love to hear from the group—what’s been your biggest tax headache as an investor?