By potentially reducing your property’s taxable value by up to 25%, it can lead to significant savings on your annual property tax bill.

A deal this small wouldn’t make sense as a partnership unless the original intent was to scale and grow together assuming this deal works out.In regard to the financing, if you can’t get it on your own without someone else’s balance sheet and income then it would be very difficult to untangle that partnership since he’d be a personal guarantor right along side you.  

Another variable in the amount of rent that a Section 8 tenant can pay is HUD limits their rent payment based on the amount of their income. 

Fixed Mortgage does come with closing costs and points upfront which the HELOC does not, except a $95 annual fee. 

What was the of the $8,000 annual bookkeeping costs between the software and the cost of the bookkeeper?

What Is BPCONBPCON [The BiggerPockets Conference] is the premier annual gathering for real estate investors, bringing together industry leaders, seasoned professionals, and newcomers to learn, network, and grow.

Fees:The Set-Up Fee is $50The IRA Annual Fee is $275 (flat fee regardless of the number of assets & regardless of the account value)The Direction of Investment fee is $10**The Wire Fee is $15See our fee schedule for Crypto-currency feesPlease refer to the fee schedule to see metals storage costs.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

We do annual renewals where terms can be renegotiated.  2.

Finally, I get an annual disbursement of $40k.