They set up the process as a preliminary ‘interview’ and then if you get the first screener’s ‘recommendation,’ you move on to a 2+-hour ‘interview’ with the ‘director’ to ‘dive deeper and see if you’re a good fit’ because ‘Phil is very selective’—so selective, in fact, that ‘less than 1% of applicants are accepted to join.’

I will still go through the entire eviction process the following week to make sure that it is taken care of, but who will come and get her personal belongings if she is in jail?

A house hack is like that beginner run—you’ll fall down a few times, and learn in the process (but you hopefully won’t get yourself killed!)

I was unable to get any deals due to the nature of the divorce process but now that is over and I am ready to invest flip, sell, and also buy and retain for BRRR. 

These state credits can sometimes be used in conjunction with the federal credit, further enhancing the financial benefits of rehabilitating historic properties.Application Process: Applying for historic tax credits can be a complex process, involving approval from both federal and state agencies.

Have them take you through the whole financial process to see how they determine the metrics and how they assess projects. 

I’m planning on finding a property in my area, living in it for a year while doing some minor improvements, then renting it out and repeating the process 😁.  

Understand their fees, bid process, termination requirements, markups for work done, how they confirm fair bidding (especially if they have on-staff handyman).I would talk to the actual tenant in place to understand what their experience is with both property and management team.I would drive the area to understand how your property compares to others on the street/in the neighborhood.I would talk to other management companies and realtors to understand their understanding of the market, rent levels, etc.Basically, full due diligence and underwriting of the property.

Now, we will take the proceeds from this sale and move it into a larger deal to repeat the process again.This is called VELOCITY of money - How fast can I trade up to bigger and bigger assets and use the same dollar over and over again to increase my net-worth, cash flow, and balance sheet.

If that is the case you need to narrow down your goals such as how much you want/need to cash flow, how much management you want do with tenants, and how involved you want to be in the entire process.