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Updated almost 9 years ago on . Most recent reply
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New Member, Twin Cities, MN
Hi,
I'm Troy Longtine from Cottage Grove, MN. Pretty new to real estate, and decided to jump in after reading as much as I could. I bought two SFHs last year, and they have been repaired and rented. They both were pretty ready to rent as-is, just minor updates. They both rented within a few weeks of being listed. I used a management company since I have a full time job.
There has been a few months I've questioned what I've gotten myself into, but they are cash flowing and things seem to be working well.
The one thing I wish I'd have done a little differently, was how I have them structured (under my own name). My goal for 2016 is to re-structure and get a little more asset protection. Any suggestions for a local attorney would be appreciated.
Thanks for reading!
Troy