I’ve noticed a lot of misunderstandings around note investing—especially from people new to it.What are the biggest misconceptions you’ve seen, and what’s actually true in practice?

I noticed you are an agent, do you also own multi family properties in the sea coast area?

I also invest in some evergreen funds... this allows ME to exit at my leisure (with some notice), and the underlying assets can be a mix of things... multifamily, development, debt - pick your fund objectives and commit. 

After checking out the different ways to split the room I noticed the best way to maximize space is diagonally in the room that way someone can adjust the bed in different directions.

.⦿ Gather forms and documents: rental application, acceptance letter, deposit receipt and deposit to hold, denial letter and adverse action letter, lease agreement, rules and regulations, pet addendum, move in and move out checklist, lead-based paint pamphlet, and disclosure and certification, other state required forms, legal notice to pay or vacate, legal notice to comply with lease, notice to enter property, move out instructions, disposition of deposits⦿ Create a policy binder: company mission and values, company managers/owners/employees, telephone standards (hours, expectations, etc), list of all properties, addresses, mortgage companies, and insurance companies, the application process, minimum standards for tenant approval, tenant screening process, rental collection practices, rent extension process and late fees, security deposit process, basic lease terms, pet policy, smoking policy, vacating tenant process, turnover process⦿ Get to know the neighbors⦿ Set up bookkeepingFair Housing Laws⦿ Simply asking the age of children can get you into hot water when screening for or renting out a property.

We will have our latest rehab ready for photos in a few days and we just got a move out notice for end of January on another SF.

In practice, I’ve noticed that MTR success often comes down to boring fundamentals:Comfort over flashReliable WiFi, workspaces, and storageSimple, durable furnishingsClear expectations on cleaning and utilitiesNot luxury.

Hi everyone,​I’ve been a long-time lurker on BiggerPockets, and I’ve noticed a common theme: the "Building Department" is often where great flips go to stall out.​By day, I’m a Plans Examiner specializing in residential construction.

From my perspective, this is usually a sign of one of 2 things: 1) a market in repair where banks are starting to loosen things because they feel more comfortable with stability in the market or 2) banks are desperate for more business/volume so they are underwriting risky loans to keep volume flowing.The timing of some of these coming back and the very slow roll outs right now feel like cautious optimism that the market is showing signs of stabilizing, and there has been a decent amount of positive tailwind data (for mortgages, not necessarily for the economy); between slight increases in unemployment and reported slight decreases in inflation. 

I’ve noticed many deals don’t fail at acquisition but later in the process.From your experience, what’s the most common reason a deal falls apart after going under contract?