Assess first if you really need asset protection, before you get yourself into complicated and expensive structures. 2.

I always use the airplane example - would you fly in a plane wiht someone who has never flown before even if they say "I have a good plane". you mayhave good deals, but how do you manage them?

I don't think it's worth trying to sue the county over 6k, it may cost more in legal fees.This was my first flip and it has been a school of hard knocks. 

I'm thrilled to begin my first fix-and-flip project in Lakewood, Cleveland. 

We are ready to find our first deal.

I have to explain to the the capital requirements to acquire an asset like that which would be 60k+.For projects under 100k purchase acquired at 80% leverage you can figure needing 25k - 30k in liquidity for all the costs of the life cycle of the project.If you start acquiring in that 150k range, that lifecycle can go to 40k/50k needed to make sure you can handle the down payment, closing costs, holding costs, any miscellaneous costs that pop up and then still have a cushion in the account cause you never wanna be down to you last dollar.One of the first questions I ask new clients is what kind of capital do they have behind them, because that number will determine market and asset class. 

This is my first attempt at running an analysis of a Duplex I am thinking of purchasing for BRRRR.

Any first hand experiences that can be shared would be greatly appreciated.

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Faubush.

Purchase price: $750,000

Cash invested: $26,250

I helped my clients find and purchase a fixer duplex to serve as ...

Hello everyone, I'm currently in the Houston TX market and am waiting to purchase my first multifamily deal.