As a loan officer, you should be off to a great start.One thing that can make a huge difference is keeping the tax side in mind, especially when implementing strategies like BRRRR, long-distance investing, and even planning for retirement to ensure everything is set up properly.

One thing I’ve noticed is that having multiple financing or capital options lined up can prevent a last minute fall through.

@Mitch Kronowit My insurance agent told me some months ago that the company I have most of my policies through had implemented a smoke free policy for the entire property including yards.

Implementing the proper legal and financial structures can help shield your personal wealth, reduce your exposure to litigation, and limit access for potential creditors.

And no one should lose access to their property because of preventable clerical errors.

How do you build systems to prevent those costs from becoming repeat problems?

The article was written and approved by the BiggerPockets team as a playbook of actionable, free advice to help agents and investors implement these strategies on their own.

You can always pay for hourly consulting as well but implementation is key.

Again, this person never implemented to create the relationship/opportunity to help.5.

It's also a law that has been changing regularly since it was implemented a few years ago.