That left $330,000 of additional cost I viewed as the "at risk capital" although equipment carries value, even depreciated and therefore this risk capital is using a conservative approach.Our willingness to cover all expenses attracted several highly qualified restaurateurs.

Hi Stephen, It is getting a bit more complicated these days - the Housing Stability and Tenant Protection Act of 2019 removed many incentives for buy-outs, but sometimes being creative with the solution is worth checking out in addition to buyouts.

Hi Bigger Pockets Crew, I need some advice on how to make my next move. I own a 2 door property that has about 200-250k in equity. I owe about $200k and it is worth between $400 and $475k. I really want to buy another...

These are professionals with additional training and a stricter code of ethics.

I've owned additional properties and been "buy and hold" for some time without a real strategy other than "I like this place, and would like to come here myself" but without a financial strategy or playbook.   

Also, you'll likely need more than one property to replace your current income so you need to acquire multiple properties with the least additional capital.Rents follow property prices, with a 2 to 5 year lag.

It’s better suited when you need flexible terms or when senior lenders restrict additional borrowing.Investor takeaway:Use mezzanine when you want leverage without giving up control.

In addition to the notice that is on the back of the application regarding "renting as is, no additional cleaning or repairs without written approval of PM" and other caveats, I also explain the actual process, basic factors for approval, the documentation they need to provide, cost and payment method for application and for move in should they be approved.If they have not followed all of the instructions, people with poor attitude and that are non-compliant are not a protected class  under fair housing, and they may be disqualified.

You can 'follow' certain locations which means that BP will alert you anytime someone in New Jersey (for example) writes a forum post.In addition to following locations, I'd recommend looking into the house hack strategy.Lastly, set up keyword alerts for any topics that you become interested in.

Dan is right, OOS is hard and you will face an additional cost burden local investors don't have.