All Forum Posts by: Saravanan Varadan

One of the main reasons of using LLC to buy properties is to limit the liability. I have heard investors buy each property under different LLC's to further limit the liability to just that property. I think umbrella policy can do just that . Is there any other reason to register a LLC for each property? like tax benefits?

 I never invest in bay area other than my primary residence. I am investing in Texas (Dallas area) , with properties that has positive cash flow. Do you still think on payoff debt vs investing!

Thats a real good point, but when the central bank stops/reduces the QE the real estate and stock bubble could break and the market could crash isn't it? I could be wrong, but thats what I understood by QE and pumping more paper money into the economy!

I have an investment property (thats rented out) that I am paying monthly mortgage on. I still have ~60% loan left the property. I now got cash that could payoff 20% off the loan. Is it wise to close the loan or use the cash to invest on another property?

Lots of deals if you are ready for cash offers ! Work with wholesalers is a good bet to find cash flowing properties. Like any other real estate deal you need to due your due diligence 

 KC home rentals!

Actually I was looking into 3 cities Kansas City, Orlando, Dallas. I picked Kansas city because one my friends is working with a property management company which only charges 5% month. The 6% CAP include 11 month occupancy, maintenance, property management, etc. This home has been appraised for 310k. So there is a good equity to start with!

I am contemplating on buying a home in north kansas city, MO Huge 5 bedroom single family home! The only challenge is if it would have a positive cash flow? The home is at 293k, 4000 sqft. Rentals are around $2300/month. The CAP rate is around 6%. My biggest concern is the time the house will be on market before getting leased. I am out of state investor and not sure about the Kansas City, MO market! Common sense - I feel that at high rentals the home may take about 2 months to find someone who will rent at that rate.

Looking for some advice from the pros here!

Hi All:

I am starting my 24 month plan to reach 20k / month passive income through multi family home investment. I have done some research in the past month or so and want to stick with Blue springs and Lees Summit MO to start my investment. I am looking for someone with local real estate knowledge who could help me finding the right properties!