So this just in LONG BEACH CITY is trying to pass asugar coated RENT CONTROL where landlords are capped at 9.9% rent increases OR they have to pay $4500-$6500 in Tenant welfare.They tried to do this under the radar and just pass rentCall city councilPlease immediately call and email Mayor Garcia and all council members and tell them to oppose all forms of rentcontrol aka “tenant protections” and please ask them to stop the attack on small housing providers and renters in Long Beach.MAYOR ROBERT GARCIA333 West Ocean Blvd, 14th FloorLong Beach, California 908021st District-CouncilwomanLena GonzalezEmai SEE LONG BEACH .

HI Cody, A good strategies to implement:- business lines of credit because utilization up to your credit limits on these assuming they dont also report to personal trans/equi/exp bureaus will not affect your personal fico scores- obtain personal lines of credit and credit cards with no cash advance fee's too despite them possibly affecting your ficos because these can be the last line of defense if you really need quick capital- on each BRRR you do, try to get lines of credit on the newly created equity post rehab so you in your wake of BRRR deals you have more and more equity access to your properties fund subsequent deals in the future- a more advanced strategy is to utilize commercial blank lines of credit as they are larger and more efficient and can tie up multiple trust deed attachements and properties into one CLOC to use as opposed to have many small LOC's on each property- keep your DTI debt to income ratios low, keep your DSCR or global DSCR high (total cashflow over your total personal and business liabilites at 1.25X+) so that you're always bankable- work on personal ficos and personal credit as well just so you have flexibility to obtain capital/financing on either business or personal sidesHope that helps but that will set you free above if maintain within a comprehensive investing strategyBest,

Operating costs per office are significantly higher than my current building (because it has only 4 offices as opposed to 7), but I have a potential tenant who is interested in leasing out all 4 offices immediately.

If you purchase via an IRA (as opposed to a 401k), you will need to open an IRA account at a specialty trust company which allows for investments in real estate.

@Nate Fanara Sometimes it's better to takes small steps when venturing into something new, as opposed to taking a giant leap. 

@Ebony King, for a lien auction county in Alabama (as opposed to the old fashioned certificate auction) you are given the opportunity to buy each year's lien as it comes due and is unpaid.

It is ugly on the exterior but would have made a pretty great investment if the town would allow for another building in the future.

Look for parks on city water and sewer (as opposed to private utilities). 

@Tony F.In other words will any reasonable priced lenders fund to a 60% ltv of finished project expected appraised value, based on NOI from lease (signed pre construction, with large non refundable deposit)... as opposed to just lending 60% of the actual cost of land and the build.

I wonder how she'll react when I tell her they are planning on ripping the exterior siding off every building to inspect for termites and water damage.