Nicholas,If you want to open an HML Hard Money Lending company you do not use your own money.

Anyone who handles everything from acquisition to management to disposition is probably going to just do it for their own portfolio, unless you hire them into a full-time position and pay them very well.

As an investor and a property manager, I have found that joining your local landlord association is seriously one of the best moves you can make.Here are the benefits I see:Legal updates & support – Stay out of trouble and up to date on changing laws.Events & education – Workshops, Q&As, great info sharing.Discounts – On screenings, contractors, materials—you name it.Networking – Swap stories, advice, and referrals with other landlords.

Vrbo and Airbnb make it easy to self manage.A PM is going to cost you 20% to 30% of your gross rental income.

When I look at rent prices versus mortgage, taxes, utilities, multi families are priced so fixed monthly costs are higher than the rents.

Now I’m exploring DLP Capital and debating whether to diversify or double down on PPR.For those with experience in either (or both), how do they compare in:Performance and communicationLiquidity and redemption termsTax reporting and feesWould love to hear your thoughts—thanks in advance!

If you have a plan to sell and pay off the notes quickly, I typically recommend a HELOC or line of credit. 

Most of our rentals are in lower to moderate income areas, which believe it or not, are somewhat bandit sign friendly...especially when the sign is clearly in your yard, and not on the street.With this being said - I'm thinking about putting ""We pay cash for houses" signs at some of our rental properties, as additional lead source. 

🏡New popular restaurant developments like this can spark the area to create even more development.

We haven't had any claims (knock on wood), however premiums continue to climb.Has anyone used an independent insurance broker to shop around for an entire portfolio before?