I heard 1 business checking and 2 business savings but I’m not sure. 2.

As we head into the busy season, what new trends are you incorporating into your marketing strategy to stay organized?

When deciding between investing out of state vs home hacking in Oakland, keep the following in mind.Oakland House Hacking:Proximity: Living in Oakland while house hacking enables you to maintain a close proximity to San Francisco, which might prove advantageous for property management and maintaining connections with the local market.Possibility of Appreciation: Property values in the Bay Area have increased historically, which is good for accumulating equity over time.Local market dynamics, tenant preferences, and potential obstacles might be simpler to comprehend when one is in a familiar location.Demand for Rentals: Oakland has a robust rental market, and you can discover good demand for rental units if you pick the appropriate property and location.Creating Local Connections: If you live in the Bay Area, house hacking can assist you in making local contacts with property managers, real estate agents, and other investors.Investing Out of State:Investing outside of your state may be more affordable and enable you to use the same funds to buy more than one property.A few out-of-state markets can have more favorable cash flow prospects in contrast to the pricey Bay Area market.Geographic diversity, which can help reduce risks related to market-specific variations, is made possible by investing in a variety of markets.Hiring a local property management business, which offers a more hands-off approach to property management, is often necessary for out-of-state investments.Remember, both options have their advantages and challenges.

You're doing business in California, particularly San Fran, so I'd Lawyer Up!

This is a business-purpose-only loan for real estate investors that allows you to use the projected rental income to qualify.

My path was short and mid term rentals alongside a successful business that I recently sold AND swapping houses (from Houston to small town Maine) to pocket the difference in price.

perhaps moreso disappointed because the business model truly is brilliant.

Sadly for them, the local authorities found out and decided the sale of the LLC was the same as the sale of the asset so their taxes went up, which was not in their business plan.

During the draw request process, it can take several business days (sometimes a week) for the draw to hit your bank account depending on how much they push back.

select portfolio loanhttps://www.biggerpockets.com/business/finder/lenders