Let’s grow these pockets

Several years ago we were looking for a new market to invest in.For us, the water street project was a contributing factor for us choosing to invest in Tampa Bay.If you invest where the big players are building you're more likely to do well.Starbucks sets up shop in areas that are growing. 

A loan greater than the property value can be risky, if nothing goes wrong everything is fine.If the money is going through a title company (a good idea) the money will be distributed to the owner of the security property, likely the LLC in this case.The borrower/property owner should be LLC to avoid being a consumer loan.

As you grow and your exposure increases, you introduce more and more pillars into your strategy to introduce more "stop-gaps" into your asset protection strategy.

Otherwise, you grow a body of homeowners who are much less likely to approve a tax levy the next time one rolls around. 4. 

Likewise, if you do not really need current income, you can do things like lending with the plan and let that grow tax deferred. 

Do a deal, and others will want to partner with you after you have proved you can kick butt on your own; it will grow from there. 3 books: Rich Dad Poor Dad, The Secrets of The Millionaire Mind by Harv Ekler, and The Richest Man in Babylon.

Fixing stuff that breaks isn't even among the top three most time-consuming things a self-managing landlord has to deal with.

I currently own one rental property in Chatham, IL, but I’m hoping to grow my rental portfolio in the near future.I’ve found great value in the podcasts and I hope that I’ll be able to give back to the community now that I’ve joined the forum.I’d love to meet with investors in my area and discuss our local market, deals, collaboration, and real estate in general!

When we flipped the switch and decided to grow, we changed from the mentality of "stay small and keep it all" to "risk it all and reap the reward".