Bad credit happens for a numerous of reason as we know. 

My goal is to reach 50 doors in four years thru the brrrr method and know that in order to do this I need to start positioning myself In higher dollar per hour rolls and build up a team to help make this happen.

I’m curious what methods some of you are using to secure profitable short-term rentals with the inflated market values we are seeing today. 

That's the beauty of the BRRRR method - now you can take those funds and go onto your next property!

I only ask because if you don't and have a loan on it or are intending on getting a loan on it (BRRRR method) in the future it is easier to get a loan if it's in your name and you can get more $$$ if it's in your name. 2) If there is a loan on it most lenders will give you a hard time getting it into the name of an LLC (We are in PA and tried to do the same and had a hard time changing it into our LLC then only to find out the banks did not want to lend on it cause it was in LLC and when when we found one that did they only wanted to give us 60% of ARV so we had to change it back to our name and get the 80% on it.

Property: TriplexLayout: Main level = (1 unit) 2 bed / 1.5 bath             Upper level = (2 units) 1 bed / 1 bath Condition: Both upper units are messy (tenants) and rented under market value. The bigger, main level ...

In this scenario, if you DON'T get an earthquake policy, you get a bit extra in cashflow, but if the house is destroyed by an earthquake, you owe 400k on a pile of rubble...for some smaller investors, I'm guessing that could be enough to bankrupt them (particularly if that scenario happened across numerous properties...if, for instance, you ended up owing 1.5-2 million on 3-5 properties that were all turned to rubble, I'm guessing that would be game over for most smaller mom & pop investors who tend to have 3-5 properties). 

I think you have two routes to go about this. 1) This method... you have cash on the side ready to go. 

Does that sound like a good investment starting out or should I run numbers on homes in our area and try to convince my wife to get into flipping or using the BRRRR method instead of putting our money in building a garage with an apartment above.

Hello,I recently moved out of my parents' house after graduating high school last spring and have been looking for the best method for myself to begin investing in real estate.