- What are you going to do if they ask for more money because they add repairs they "missed"?

Saratoga county has track and other seasons that people rent places for bug money, I'm talking like 10k a month. 

Great company and local operation that does things right.Toledo is notorious for bad operators especially when it comes to contractors so the BRRR approach when investing out of state can end up in disaster.Just had a 1hr call with an investor that was going to purchase a property for cash and site unseen.A "reputable" realtor in town influenced him to buy without doing an inspection.Just by looking at the photo's, we could see a lot of problems with the property.Stay diligent and focus more on the people rather then the deals themselves.Much success 

Seems like something was missing from the calculation.   

Hello All,I am new to the forum -I have been contacting some people about STR courses, such as BNB inner circle, STR wealth academy.I am torn about taking a 2-4K course of these. 

@J Shoe I will start by saying consult with a personal attorney and CPA (and have them work together.)Typically people buy in an LLC just to keep their name off the record and for asset protection and operation agreements.As a sole investor a lot of people will buy in their personal name so they can more easily obtain quality financing, and then move the asset into the LLC.A lot of people of California use trusts (DSTs) to hold the asset, so they are not contributing to the problem of over taxation in CA, as CA has a franchise filing fee of $800 every year for each LLC.Just some things to think about, but find the professionals that can tailor a system for you personally.Cheers

These three myths are exactly why people get burned.

The terms should also outline any grace periods and late fees for missed payments.**6.

Becoming a part of this community has certainly piqued interest and I look forward to meeting positive people in an environment where we share the common desire to be successful in the Real Estate Industry

A few people have contacted me and asked me what I would want in software for tax lien investing.