Banks typically lend based on the asset's ability to repay, which directly relates to its NOI, rather than its replacement value.

Example of tasks I’m looking for areWhen: pre-closingcategory: designTask: research on interior designerWhen: post-closingcategory: team buildindTask: find cleaner and backup cleanerThe above are example tasks and not meant for discussion.

You typically can't use a HELOC on an investment property. 

Happy to chat about what to expect and send you some examples of properties so you get an idea of what to expect.

Property management takes typically 8-10% of the rent off the top, but it allows you to purchase properties in other states that are more affordable.

Also if you want to get financing down the road for it, typically it will need to be in a LLC

Being self-employed can make securing commercial loans more complex as lenders typically prefer borrowers with stable income and strong credit history.

Great examples of some beautiful work!!

I would be more inclined to the 20% manager, because typically the more they charge the more they are worth the money. 

I am the one who closes the sale typically so expectations and the process is thoroughly explained by me prior to onboarding beginning.Client red-flags are those who critique the processes before even beginning, those who want exceptions for every process, think they know how to do the job better than I do, etc.