Just because you buy something for $350K and renovate it and put money into it doesn’t necessarily mean that you will be able to get a much higher value on a BRRRR strategy if none of the other units in your development or area will comp out.

In the residential world, some requirements are relaxed comparing to commercial so it's up to you whether you want to spend the money to have a better planning versus skip the planning and perform the work impromptu.

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They were very unhappy they had spent the money with TurboTenant and it is apparently not communicated that not all property managers/landlords will accept TurboTenant applications (which is true for the ones they haven't noticed are not using the TurboTenant applications apparently, which was us, until today).

I make good money and I have enough money saved up to buy my first property.

check with a local attorney there are rules for filing liens of course anyone can file them but that does not mean they were filed legally.. in most states you have to give a PRE lien notice in writing and by certified mail.. you have time limits to file it.. so if they try to cloud your title they are taking a risk of slander of title. not that they have any money to pay if they lose but you can fire back with that if you need to.

That appreciation upon exit is where the real money gets made, and that cash flow is simply a little gravy along along the way.  

I have never used 1800Accountant, but I have successfully converted their former customers to my practice.They are incredibly expensive, my clients were never sure about what was going on, and they unnecessarily complicated reporting and transaction in order to (in my opinion) make it seem like the clients were getting value for their money.  

Lastly, California is very over priced in most cases so keep in mind buying out of state is not hard and can save you a ton of money. 

We are currently offering 12-16% interest to our private money investors which we feel is a strong offer in this market.