I’ll definitely start incorporating the idea of practicing with properties on the MLS.

You can easily incorporate language into your agreement of sale that allows the transfer of the sales contract to an LLC that has not yet been created. 

Once the deal details are reviewed, it helps our lenders assess the type of property and strategy we use and how successful we are in it.If you wanted to deep dive on your own, you can always check with county records on fillings, operators' good standing records from state where incorporated etc as well.

This formula incorporates additional factors and expenses, many designed to consider parents’ financial needs.The Percentage of Income ModelLast but not least, six states (Alaska, Mississippi, Nevada, North Dakota, Texas, and Wisconsin) use the percentage of income model.

Although after speaking with other investors, some are telling us that it is not necessary to start a corporation for our first investment and its better to just buy in our personal names and incorporate later.This sort of advice that we have received is based on the information that a corporation costs more to start up and maintain.Should we incorporate now or later?

A little background: I live in the Nashville area, currently work as a CPA in corporate finance, and have a couple of rentals that I manage (1 long term and one STR).Thank you in advance for any advice! 

@Daisy Hawkins where is your LLC registered - in many states anyone can search the articles of incorporation or statement of information to find LLC members.

I bought my first duplex in Milwaukee 15 years ago, brand new investor, working in corporate, just read RichDad and attended one of their seminars.

@Brian Scott don't forget to incorporate the tax savings into your calculations too!

I know of two in the westchase area that have incorporated in their bylaws that there are no leases allowed of 6 months or less.