You can structure your home with an LLC, or even invest with multiple people.Peace of Mind: 1-Yr Rent Guarantee: We guarantee rent for the first year, so no matter what you will receive your rental payments uninterrupted and you’ll be making money from day one.

Some people don't mind putting 100% of their investment funds in real estate.

The number of people who have called many of us saying they saw some article online or watched some tickytok video and did something COMPELTELY wrong is staggering.  

Keep in mind, though, if you just sell outright, you could be looking at capital gains and depreciation recapture, so it’s worth crunching the numbers with a proper tax professional (I’m not one, by the way).What do you think the rest of the community has seen happen to property values since last year, and do you believe it changes the 1031 conversation?

Networking is also crucial for success in real estate, so look for local investor meetups or connect with others online.

And just the other day, I was grabbing coffee with a friend who reps a group of invsetors out in San Antonio.. they got burned early on by not clarifying their rental criteria, picking up a triplex that sounded good on paper but turned out to have a revolving door of problematic tenants.A baseline business plan isn’t just a mind-numbing exercise.. it’s the guardrail that keeps your momentum from swerving off into the ditch.

Have been super interested in the Westchester market, been looking into New Rochelle,Ossining,and Yonkers  would love to be around more like minded investors looking In the same areas!

Some towns require a nightly online form to be filled out for any non-residents who are parking their cars (this is easily automated from an operational standpoint).As the MTR market becomes saturated over time, those who have separated themselves from the rest of the "competition" will continue to perform well by having an outstanding listing and all the MTR-specific amenities.

They are great at selling dreams....one community that tops my mind often has foreclosure lots at $100. 

But if you have a self-directed IRA or 401k, keep this strategy in mind, as it could potentially save you hundreds of thousands of dollars in taxes.