Whether or not he is solely using the rental income to pay off the property or not, he has the ability to pay down a mortgage efficiently. 2.

With one successful flip under my belt, I'm eager to connect with fellow investors and expand my knowledge and network in this vibrant real estate market.In addition to my passion for real estate, I’m also a skilled electrician.

I want to work on being able to delegate more efficiently.

I was interested in something like owning a rental property as a way to generate some additional income. 

Duplex have different zoning that may permit additional units.

We look at lenders (so long as they lend in the asset class you are considering) as an additional line of due diligence (they deeply care about their money and they are likely more sophisticated than you are).

Additionally, given that your LLC is based in Georgia but you reside in California, you may face multi-state tax filing requirements, making compliance more complex.

They will have additional costs for mailing & online campaigns to get leads.

Consider forming an LLC for liability protection or an S-Corp for tax efficiency if flipping frequently.This post does not create a CPA-Client relationship.

Once you’ve built some confidence and systems, you can start exploring additional markets.I personally focus on 2 markets that are about 20 mile radius.Make sure the market(s) you choose align with your investing goals, whether that’s cash flow, appreciation, or both.