All Forum Posts by: Leon Panokarren

Thanks for the detailed response Nathan!

Thanks @Justin Winn

• Thoughts on the line of reasoning below? Utterly misguided / bingo / so-so? 
• The reliance on the contractor / real estate agent (realtor) of the “core four” may be a bit higher when purchasing SFRs compared to condominium units as with the latter, the condominium management is obliged by city regulations, condominium agreements with members to keep up common elements, that with the former are up to the owner. Evidently, this isn’t to suggest the realtor / contractor are not key dependencies when dealing with condominium investments that still require a lot of close review of many factors

NOTE: I am a total n00b so throwing ideas out to crowdsource "insights" :)

• I should preface questions / thoughts below by saying I am a total noob at real estate investing. 
• * As part of exploring properties, should home inspections turn up unfavorable findings making sales fall through, it feels the “cost of doing business” can add up quickly. Are there ways to offset these costs? Is this available as write offs to business / LLCs?
• * Are there other advantages of forming a business / LLC for rental investments? How do you all think about this? Are there some costs of an LLC that (without the relevant advantages) make a reasonable argument against business / LLC?

Would truly appreciate your insights and guidance!