I've come across a couple investment groups that are very gung ho about HELOCs, and while they do provide much more flexibility in payment compared to a traditional mortgage they're certainly not the silver bullet that some make them out to be.

We finally have enough capital to purchase another property with a 20% downpayment, but we don't want to go down the traditional path for our next property like we did our first, we want to BRRR it.

But, without question, the show-stopper is two massive garages with museum-quality lighting, an 18-foot car turntable and parking spaces for 30 luxury cars.

Daniel - if you will need  financing  for this idea - you might ask you friend  what  sources  they  use for their projects ....there aren't  many traditional loan  sources  willing to make  investment  property acquisition/ construction loans 

I would tread very lightly renting to friends and family.

Tokenization can be used for 1) The tokenization of Real Estate Investment Trusts 2) timeshares 3) Real estate ownership using an SPV 4) Investing in new projects 5) Loans for developing projects and 6) shares in real-estate funds.Many types of real estate can utilize tokenization including office buildings, retail spaces, single-family homes, and multifamily structures.What are the advantages of tokenization over traditional methods of real estate investing?

With rents rising, light rail close by and interest rates low, we were able to buy a house in Phoenix for under $400k that needs no repairs whatsoever and can rent for positive cash flow immediately.

Maintenance,preventive maintenance has caught my attention.Although I can't become specialized in all of them (it requires continous learning) ,what I learn I implement at my job .My daily chores are:-repairs (light electrical work,light plumbing work, patching the flat roof,drywall repairs,sheetrock repairs,etc)-maintenance (painting, cleaning,light labdscaping)-preventive maintenance on pumps,tanks,gears that are vital to the daily property operations-find ways to increase heating efficiency and lower the cost at the same time-find ways to lower water consumption in the building and energy (electric and gas) consumption-increase the buildings occupants comfort-increase the NOI for the landlord-collect the rent-resolve tenants issues-basic inspection (I look for air leaks, gas leaks,water leaks) (of course a property inspector has much more skill in doind that than me)All of that brings me joy in my life, but it doesn't bring a high income (because I don't have a specialized skill)So I would love to find a way to acquire a property and put my skills into my properties.Thank you for answering, John

Anyone shed some light on the process to purchase a home lot(less than 1 acre).

Using everything I had learned from the BP Podcast, I ran the numbers on the house and verified that it could cash flow as a traditional rental, but saw even bigger potential as a vacation rental because of how close it is to the beach and amenities.