You Too Can Pay Less in Taxes!

When I first started my entrepreneurial journey, I used to think of CPAs, accountants, and the IRS as the necessary evil that I just have to deal with. Ten years later, I understan...

Sometimes I'll get an attorney and they want a contract so I put together a one page document with the relevant facts and they are happy.For everyone else I use email to confirm the details.I still have my STR insurance policy.I also have control of the thermostats and water heater via wifi.

If I'm reading that correctly, the takeaway is that a delayed financing will top out at 75% LTV, but if I can nail my purchase price and any rehab costs inside of that number, it would be possible to take out the full amount via the delayed financing loan (by including the rehab costs as a Settlement Charge on my Closing Loan Docs)?

They always fall in your lap when you’re not ready or looking.

If you were looking to purchase a small multifamily under 500k, how different does the rate / term look today on a 4 unit conventional vs a 5 unit commercial loan.Context: I just sold a property and now looking to purchase a new one via 1031 exchange.

Just because the result was me getting home safely, doesnt justify me ignoring the safety precautions.If I host people in my home via Airbnb, ignore their protocols, and my guests never catch covid, did I make the right choice?

Set boundaries / requirements for each property.

However, I recently took back a property via foreclosure in Maine and ended up selling it with owner financing.

They're not always going to land in your lap like this one. 

But many times, this is NOT the case.Good luck to you Lisa, and keep "picking the brains" of seasoned pros on this great Site and maybe try "linking-up" with other real estate investors in your area (via by Meetups or by joining local real estate investor club (REIA meetings).