They lost during the crash and are fearful of entering the market again2.

it simply implies that one buys the property and prays that it will appreciate(A bit of humor here)

.; They entered into the debt knowing they would not be able to afford it and ultimately file for bankruptcy.

To be more successful, you simply have to work on the other elements to progress your REI pursuit.

utm_source=search&utm_medium=internal&utm_campaign=books (books recommended by BPers)Simply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.Feast on the Podcasts, #askbp Podcasts, blogs and webinars Lastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational, thought provoking ideas relevant to REI.

Did you simply loan someone a bunch of money and file a lien against the property?

:)I'm entering this with zero experience so I would definitely appreciate any recs for must-read threads or blog posts for multi-family buy and hold strategies, especially for people living in expensive markets.

A common one for the brand new buy and hold landlord with their first rental unit is what I call hgtv syndrome or simply over-remodeling.

A warranty deed passes that guarantee on to your LLC.If you transfer title through a quitclaim deed, you are simply saying that you are passing any interest you might have in the property to your LLC.

But the plumber can usually tell what caused the clog...if it wasn't tree roots causing a backup, it was most likely something like paper, hair, etc.I just simply say, "I'm sorry, but someone in the household has been flushing a lot of paper or something.