And if you’re ever looking for boots on the ground, I’ve got a great network of investor-savvy agents who specialize in the Austin area.I’m here if you want to talk specifics or need an extra pair of eyes on a deal you’re considering..

If you have 60k equity and 10k cash, slow down and remember this - you need 15k for reserves for a new property and you should always only use half of your equity which would leave you with 15k for downpayment and 10k cash for renovation.

Take the few extra hours it may take to originate the bank loan and divide it by the added finance charges and its normally more than most borrowers time is worth.

A smaller SFR I purchased a year and a half ago took about 12 months to stabilize.

Recently got my Real Estate License and have closed a couple deals there in helping friends buy/sell homes, helps bring in some extra cash.

That extra cash flow isnt safety, its the market signaling with a big red flashing light, Risk.

You’ll make most of your cash flow from half of May through Aug, lower in Sept, med/strong Oct.

This structure simplifies management, centralizes ownership, and provides an extra layer of liability protection.Tax-wise, the state where each property is located will still require income tax reporting and LLC fees.

You're not going to get extra points for knowing how to google me. 

We're not even sure where the extra went, and are feeling like we're stumbling along in the dark.