Basically- As investors, we're hosed.

TLDR - The regulatory entity for Florida is basically holding back a report that showed insurance carriers inflated costs and transferred money out of state to artificially inflate costs and the state is doing nothing about it.https://www.newsweek.com/florida-insurance-scandal-huge-impa...

It's nothing fancy just calculated all the basic categories.

PS I did well over 150 foreclosure lease back give owner right to buy it back exactly 2 did that in the 12 years I was active doing these before they basically became illegal on the West coast

At your stage, the best moves are learning the basics, analyzing practice deals every day, and surrounding yourself with investors so you build confidence and direction.

I am meeting with a possible mentor this coming Monday and I need some advice.I got my name out there to basically everyone I know and I was lucky enough to get referred to a highly experienced local real estate professional.He does it all from Wholesaling, to Renting, to Flipping, etc.

(starting from 2-5 units and going up slowly)What are the most important concepts and terms to understand when getting started with multi-family property investments?

For those of us running multiple LLCs and scaling portfolios, an interest-only revolving line that’s based on rents instead of income or DTI is basically a business line of credit secured by the asset.

My cash flow goal was way off once I starting playing around with numbers in the the financial forecaster excel sheet that comes with the Start with Strategy book.I learn best with examples so throwing out examples of numbers of what a bad goal would look like vs. a good one, or even very basic ways to calculate projected returns would be really helpful for me.

Great quick breakdown of a concept that many mistake, and great question above, Jaron.Depreciation on a property doesn’t start the moment you buy it or when it’s sitting vacant, it starts when the property is “placed in service,” meaning it’s ready and available to be rented like Michael mentioned above.