Nothing ever goes smoothly, perfectly according to plan, without any problems.

Obviously the plan was to raise new money to pay old money...The line "The false statements allegedly included misrepresenting Kapoor’s compensation; his cash contribution to the capitalization of Location Ventures" is also scary.

I applied for a HELOC was denied due to a COVID assistance plan. 

Communicate well with the current tenant about your plan.

There’s a house that need some major renovations that interested me and I was hoping for some insight as to how I should go about financing (once I’ve finished the project that I plan on buying and rehabbing in cash).

If so, underwrite it that way and then after you buy it and have a contractor consider changing the plan to add a unit if that makes more sense.

If I already own an Airbnb property (my primary residence) and plan to purchase a new house for rental purposes, what would be the recommended approach for transitioning the existing property into an LLC?

Though in this situation I wasn't planning a renovation until April of 2024. 

And while this install seems pretty straightforward, if it doesn't go as planned, your guest will have to deal with the cable company for trouble shooting.

Purchase price: $68,000 Cash invested: $73,000 Sale price: $183,000 We bought this house from a private seller who got our info from our friends at the water department.