Greene is spot on.Let me add this.A lot of wholesalers get leads and then negotiate endlessly until the seller won’t budge below a certain number.

Thank you for your thoughts on any of the above! 

With a half point rate reduction by the Fed, our HELOC rate was reduced by the same amount, and we've begun the refinance process.

Out of 2,500+ investors we have as clients, only a small handful invest as an LLC.I could see the point to an entity if a group of family members or friends were pooling their money to invest in a syndication or several syndications, but outside of that scenario I don’t see the point to it.But don’t listen to us, get competent legal and accounting advice from those licensed to give you proper advice after evaluating your legal and financial situation and risk tolerance.

Evictions are one outgrowth of the U.S. housing shortage and lack of affordability.

Property management is one of the most critical yet often overlooked aspects of real estate investing.

We are south of Saint Louis, Missouri, specifically working in the Jefferson County,  Saint Francois County, and Saint Genevieve County markets.  

This is a great place to learn and to connect with people so take advantage of all the great resources.

I suggest looking into real estate meetups near you / your markets of interest to start building your team.

Talk to your insurance company - depending on your deductible and potential increase in future insurance you may or may not want to put in your own claim.I would also probably consider cutting my losses and getting rid of the tenant asap.