Nice to connect 😎Its in Joliet - Cathedral area I hope to meet you in person as well?

Therefore, it is advisable for the client to consult with their CPA to receive personalized guidance tailored to their unique financial situation.

Do you own these properties in your personal name or through an LLC?

JeffWe lead a couple investor meet up groups in person and live stream about the Central Ohio real estate market.

Right now, the best offers around me are for some 1.3-4 million, that only generated around 100k per year gross, so there would be a high chance of not cash flowing, and paying money, especially with a commercial loan (these buildings have more than 4 units).I was thinking that although the rental itself does not generate money, I would be able to deduct the mortgage interest, and depreciation from my personal w2 income and would be net positive.

I personally own a property in Windsor Hills Resort, right next door to Disney World, and we absolutely love it.

This does not seem realistic to have a credit score of 580 if a person doesn’t even have a SSN. 

My motto, "Honesty, Integrity, and Accountability," has always been my guiding principle—not just in business, but in my personal life as well.

While we were onboarding the property to the system and trying to figure out the automated sprinklers, he was out there every day watering the lawn by hand, stopping the buck and taking personal responsibility. 

For me personally, our STR and our little inn provide more than half my family's income so I feel I have a fiduciary duty to my wife and kids to maximize that.