The potential tenants for a furnished rental also likely want all the trappings of a home, including kitchenware items.We run a few midterm furnished rentals in Denver and Colorado Springs, and they're all people who want a fully-ready home.

There is also a strong networking of Private Money Lenders at these type of events, which do make building that potential network of funding possible, too.

But you must assess your long-term investment goals and whether the benefits of liability protection and potential tax advantages outweigh the administrative and financial costs associated with maintaining an LLC.

I don’t worry about tenants getting upset and leaving because I have a waiting list of potential tenant’s.

As Bill mentioned, you could potentially be a coborrower for him on a cash out refinance to increase his buying power.

coming to BP as a broker to ask about a potential lender is not really going to get anyone anywhere as most members dont really know the back end of the HML business and how it all works.

Additionally, alternative approaches for portfolio growth include partnering with other investors, exploring alternative asset classes like REITs or crowdfunding, and focusing on value-add properties with potential for improvement.

For the potential franchisee owners who are considering this as a business, I would run the other way!

Its the business.Basically when I enter a new market, I fly in, meet all the potential property managers, learn the landlord basics, and find the labor as needed with the local agents/property managers to help me with snags. 

For the potential franchisee owners who are considering this as a business, I would run the other way!