Luckily nothing I do in real estate escalates that effect on me, I can only imagine that struggle.That said, it's up to all of us to devise methods of alternative solutions.

The HOA was responsible for the roofs, exterior issues like squirrels creating holes in the logs, snow removal on roadways within the resort, trash collection and trimming trees throughout the resort.

My best advice is that once you work out the business terms, have a good lawyer draft an operating agreement, or a mortgage or note, or whatever method you decide to take so that you don't end up with ex-friends later.

Maybe into white trim, just basic modernization that the appraiser is going want to see to up its value without getting too buried in rehab costs.  

That money is liquid, FDIC insured and accessible thru an ATM if you need it.That said, proper asset allocation that matches your timeline is a always good strategy and if you have a solid RE portfolio with tenants who remain in your units despite the economic environment, a recession should be below a few other things on your list of things to spend your time worrying about.In terms of pouncing on a property when the market cools, I'd recommend continued trust in whatever deal analysis method you use.

The most-accepted method for finding this kind of deal is to do mail lists or call lists of current owners - that way, they already have you in mind when they are looking to sell.The best way to get good returns on a property like this are to:Find an off-market seller through the above-mentioned methods, and negotiate a deal that is win-win for you and the sellerFind a property (on- or off-market) that has room for value additions, either through growth, increasing income or decreasing expenses.Most properties that are on the MLS market will be competitively priced, or will need work and are thus value-add opportunities and will not be great deals from the beginning.

This is what the BRRRR method is all about ...

we bought a cat pee house..NEVER DO IT.. took sheet rock off walls 2 feet up, kilzed studs before new drywall, removed all base trim, threw it out. sanded and primed with kilz doors.

What is the best method for obtaining a real estate license in the state of GA?

Does anyone have suggestions for methods for non-institutional investors to hedge against falling rents and/or real estate prices?