Find a good insurance person that specializes in what you're looking to do and have them look at deals before you buy them, it's a crap shoot right now. 40% isn't too crazy for the exp ratio without mortgage or replacement reserves, I definitely wouldn't go below that.

I see that they charge a fee and you have to upload a lot of info about the property as well as personal financial info.

Personally I like areas like Memphis and Little Rock better but I wouldn't shy away from Birmingham.

Posting the same question in multiple forums.After reading through, I learnt the lessons and applied it as regards questions I would normally ask about my interest in wholesaling as a strategy to starting in the Real Estate Industry, I realize a whole lot of persons had same questions and I learnt from the Responses on the various discussions.It also changed my perspective in the way I approached the vets in the house, right now I just want to connect, I mean we are seeking financial freedom and for most of us that is time to do what we want and if I don't have regards for your time by being valuable to you, then I don't regard you enough.

Hello All,How do you all handle flat screen TV's wanting to be hung on the wall?

If someone injures themselves and sues, they will be suing the LLC and not you personally.

cant quantify how many props I look at each market is different and since I buy land and personally looking for income property..

You have a lot of high level questions here, so I have high level replies:DSCR loans: Pros- they don't follow the rules for conventional loans, so your personal financial situation is irrelevant.

I'm personally choosing to wait on our 16-unit deal in Jacksonville, FL.

@Jacky Fan Here is some more information on whether you can 1031 a personal house:https://www.1031exchangemadesimple.com/personal-residence.ht...The general theory seems to be that if your home wasn't used for investment purposes during your ownership, then 1031 doesn't apply.