Purchase price: $325,000 Cash invested: $80,000 Good sized three family property with small lot on fairly busy main road.

Hi everyone,I graduated college a few months ago in Boston and tried to start my own business but it didn't workout and so I focused on Real Estate instead and passed my NV License.

By working together, we could take on bigger and better deals.

With 25 years under my belt in construction and corporate environments, this is not the way you do business.

Business growth - master one market vs. trying to be everywhere. 

., you find the deal, and your partner brings the money. 

How do I determine rental prices in a neighborhood and the demand for rentals in that area?

He and his partner have been in the SoCal business bank world for 40+ years, and entered it at a time when local banking was what businesses did.

How are you sourcing your deals if you are in Virginia?

Here’s why selling your primary residence to your LLC and then renting it back isn’t a good idea from a tax perspective:Self-Dealing Doesn’t WorkFor tax purposes, a single-member LLC is considered the same as you, so paying rent to your own LLC is basically just paying yourself.