If you are self-managing or using a co-host, this list might also serve as a useful checklist to make sure all the bases are covered.

Current negotiation from LL Commercial lease Monthly Rent $6000 Security Deposit will be $7000 (based on last month rent of the lease term)Six Month Build Out Period - June 1 to Dec 31, 2024 Lease to start January 1, 2025. 5 year term During the build out period the tenant would pay $3000 per month rent (June 1 to December 31, 2024)The balance of $18,000 from the build out period would be paid back over 12 months at $1500 per month on a separate agreement.

There is more that goes into it but you are essentially a middle man.For fix and flips you don't need a credit if you make relationships with asset based hard money lenders.

I'd deeply appreciate any recommendations you can share based on your experiences, as well as any tips or potential pitfalls to watch out for as we navigate this expansion.Thank you all in advance for your time and insights!

Based on my very limited understanding I would want to leverage my first time home buyer to buy at least a duplex though i would really like to get my hand into a triplex to increase the cash flow while living in 1 unit for a year (lot of tricks and tips here to not have to live in there for a full year which i would like to learn more as well) and lease out other unit(s).

Hello @Forrest Brown,I propose a simple process for deciding whether to sell or hold based on the goal of financial freedom.Financial FreedomFinancial freedom requires more than replacing your current income.

Can anyone convince me why I should start investing in these areas and share more details based on their knowledge/experience?

My name is Jesus Morales and I work for the wholesale company "Ember Holdings" based out of Newport Beach, CA!

Based on your second post, it comes across as trying to fit everyone’s feedback here into an “ethical” narrative that you’ve already defined in your head.

Purchase price: $204,000 Cash invested: $50,000 1300 Sq ft 3 bedroom 2 bath with an large 2 car garage sitting on a solid acre of land in Clayton NC.