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7 January 2025 | 5 replies
I found this article that allows Fannie Mae and Freddie Mac loans to move the loan to an LLC: https://servicing-guide.fanniemae.com/THE-SERVICING-GUIDE/Pa...as long as I am the majority owner in the LLC.
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13 January 2025 | 14 replies
Focus on affordable markets, build a strong network, and continually educate yourself through books, podcasts, and deal analysis to steadily expand your portfolio.Good luck!
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6 January 2025 | 8 replies
If you end up in Ohio and you end up in Cleveland you'll want to read The Ultimate Guide to Grading Cleveland Neighborhoods.
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9 January 2025 | 12 replies
Once you are familiar with what a good investment looks like, then you can create a rule of thumb to help you analyze property faster and only dig deep on the ones that look promising.Here's a guide that describes what good cash flow looks like and how to analyze a property.https://www.biggerpockets.com/blog/rental-property-cash-flow...
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28 December 2024 | 6 replies
Start with BiggerPockets Ultimate Beginners Guide (free).
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18 January 2025 | 8 replies
Watch the house to see if they abandon it, which they probably will.Buy some books and educate yourself on how to be a better landlord.
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20 January 2025 | 22 replies
They offer invaluable insights into neighborhoods, regulations, tenant demographics, and market conditions—information you can't get from books or podcasts.The good news is that working with an investment team typically comes at no extra cost.
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30 December 2024 | 20 replies
Another great property management starter book was Landlording on Autopilot - Mike Butler.
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7 January 2025 | 8 replies
Consider teaming up with a mentor or a partner who has the experience and is willing to guide you.
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24 January 2025 | 13 replies
I have owned so many properties in NY that were long-term rentals and it is renter-friendly, but if you choose correctly, you won't really ever care.Meetups are a great way to add to podcasts and books.