I'm in the process of obtaining a Rental License for a triplex that I recently acquired.

Additionally, Brandon Turner reads 50 books a year or more, and many other successful entrepreneurs and business men are constantly reading and talk about how often they read.

We chose Oak Island because of the entry cost and ability to acquire a property in very close distance to the ocean, and also restaurants, for a lower price point.

My advice to you is to build out your own very specific goals & strategy, and then simply take action on that one specific strategy to acquire your first investment property with whatever strategy you choose.

If you do a search for LLCs on BP, you'll see a range of opinions - it depends on your individual situation and risk tolerance.For 2024 if you have an LLC you have to file additional paperwork with Corporate Transparency Act or face fines from the IRS.

In addition to expired listings, how does everybody go about finding off-market commercial properties?

One notable project involved a complete renovation, including the addition of 3 full bathrooms and 4 rooms starting from scratch.On each flip, I've generated profits ranging from $30,000 to $80,000.

We also have a local ministry school that draws a few thousand students of various ages, from around the world; and no dorms, so investors have bought up much of the housing for renting room space, in addition to the airbnb properties!

With the information you gather on the HELOC; i.e. the cash you can pull out, you should then research the market around you to determine the price point to acquire properties for potential flips or rentals5.

They do a lease between you and ALE but add the option if the tenant needs to stay additional months they have that option but the tenant will then be paying the rent.