The only problem was that I couldn't buy it in my own name (a complicated story, but there was no way for the underwriter to write for the property to be put in my name as the buyer) so i created an LLC with my father and I as managing members and got the funding for it through a hard money lender.

If you were both two members in an LLC, which is very common, and you wanted to go separate ways, which is also common, then you would probably want to go through a "drop and swap" process.  

On the other hand, employing the on-site manager through a property management company reduces your administrative burdens and leverages their expertise, yet it may entail less control and additional fees.

To avoid going through the same poor experience, keep reading.Even if someone give you a referral, don’t make the mistake of assuming that PMC will meet your expectations, just because they met the expectations of the referral source.We also can’t believe how many owners hire the first PMC they speak with!

If you ever want to schedule a call to shoot the breeze and talk through it, I'm happy to do so.

.- Looking for out-of-state investments, currently looking into Philly.If anything clicks you, feel free to contact me.Thank you!

TCOs are through your building department, and at least locally you can ask your inspector for this.

I found it through a wholesaler, created a relationship and he accepted our offer How did you finance this deal?

🌟 It’s fantastic to hear about your journey in real estate so far, especially with your experience in short-term and mid-term rentals through platforms like Airbnb and Vrbo.

Currently in the phase of buying my first property and needed some clarification if I’m getting screwed or not I’m in Rome, Ga and that is where I’m purchasing the home it’s a flip that was a 3 bed 1 bath but has been flipped into a 4 bed 2 bath the asking price is $214,900 originally 230k but the seller wants a quick sell my agent told me we should give them the asking price and ask for them to pay 5k closing close I wanted to ask for 190k and same closing cost but agent said they wouldn’t take us serious so I agreed to agents terms as I’m signing paperwork electronically I see closing cost is 17k since seller is paying 5k brings it down too 12k but being in Georgia I am approved for Georgia dream which covers closing and some of down payment now when I sign at closing I have to pay 6k I’m wondering why is closing 17k my friend bought a property his closing cost was only 10k granted he bought his property for 189k but I feel like my agent isn’t really trying to get me a good deal should I back away from this property, find a new agent, go through with this purchase, or am I getting screwed in the process?