Hey all - Stumbled into a new SFR net lease strategy after purchasing my first self-managed SFR in South Florida.

Again, to set expectations for the people I work directly with.

NEVER CONVERT CASH in YOUR IRA or 401K into ROTH!!!

We are only selling completed homes with our own in house financing currently at 3.75%, a huge discount from most bank rates.We are a long time property provider for some of the bigger podcasters: Real Estate Guys Radio, Marco Santorelli (Norada), Kathy Fetke (RWN) Jason Hartman ( Empowerd Investor) GRE (Keith Weinhold), Whitecoat Investor Group and more We also work with American Homes for Rent, Invitation Homes, Crescent, Haven Realty (JP Morgan) to name a few on the institutional side We are partially owned as of 2022 by Sumitomom Forestry, which means we have no bank debt and self fund all our building projects.

Also not sure if you have a retirement fund but you may be able to setup a self directed fund and use a portion of that money for a real estate related investment. definitely not saying your plan is bad or that these are better just giving my thoughts. 

Hello everyone, I am analyzing the Indio, CA market as a short term rental investment and we'd love to speak to someone who is self managing their own vacation rental.  

I’m also working with my 20 year-old son and trying to point him in the right direction as well. 

You can surely buy cheaper properties and obtain the same debt pay-down, but now you've got 5x the head-ache, so right asset class is more about efficiency when it comes to debt pay-down.Tax shielding is similar concept in that more expensive properties directionally give you more building basis to depreciate, which means less net income to tax.

I just wanted to see if I could be directed as to how I can get an LLC for my first rental.

Moreover, I would recommend prioritizing a W2 position over 1099 self-employment/sales for two reasons.