I look at it like this, if you have the money for coaching that will cut your learning curve and make less mistakes.

But many people have prospered without such advice, and more power to them.My mentor has helped me with decisions that I simply did not have the base of experience to figure out by myself.

Any HOA simply wants their owners to pay their dues.

If you have 100k equity in a house but it's not going to be easy to rent (same number of bedrooms (3) as a smaller house but bigger sf by 1000) do you sell it and acquire a smaller house that's more "rentable" or simply lower the rent price and eat the greater maintnance costs (carpet, two AC units, etc)?

If I just do a cash-out refi of one my properties and use the money to either buy another existing apartment building, or simply blow the money on a new Bentley, then the lender wouldn't have much of a problem??

I have one rental and a second that is to be on the market very soon. i plan on managing them up until i feel the work load is more than my time is worth, but i do have a question for yall.from my understanding a "typical" contract with a management company would be 10% of monthly renth and 50% the month when they have to get a new tenant. besides negotiating the rate, have yall ever heard of them charging 10% of mothly rent, but you as the owner get new tenants. in this case you would not pay 50% of rent when you get a new tenant.this would not be to cut cost so much, but maybe the owner wants to control who is in the house, but not manage the other stuff throughout the year.thanks for any input.

Then, simply add the land value and the MH value together, and that is what is fair.So at $550,000, they are way high in their asking price, - unless that is an awfully nice house and shop..!

I don't know what that is, but simply plug your loan terms into any "loan amortization" calculator available through google search.

I simply shrugged those statements off and kept doing some research and listened to the great podcast BP just put up about raising capital:http://www.biggerpockets.com/renewsblog/2013/01/31/raising-money-getting-started/I finally heard back from my RE attorney (who has already done PPM and reg d filings for himself and others and used to be a corp attorney) and got a price of $10k to setup the reg d offering.

You and they will likely give a personal guarantee for any loan, so the difference will be in commercial lending guidlines.Since you are immediate family members, you'll be exempt from SEC fund raising issues as well as the SAFE Act if say your father makes you a loan personally if your home is included in all this.Yes, your LLC needs to be formed prior to purchase and applying for the loan, I suggest you spend a few bucks and see an attorney in setting this up, there are options and aspects of such an entity that simply are not contained in some internet LLC formoperating agreement.