You won't open a "business" account unless your property is held within an entity.

Mystery and fear intermingle into the minds of investors when it comes to properties that are distressed.

And people trying to sell their deals they made.

👋It’s awesome that you’ve already started diving into the calculators and podcasts—those are great resources for anyone just getting started.Since you’ve had some rental experience already, I’d love to hear what you found most challenging about owning and selling that property back in 2017.

You do not need a separate LLC for each property or a series LLC!

Depends on which property you pull equity from.

Assuming this is an 8 cap neighborhood you'd have a ~$420-450k value within a year (unless property taxes are crazy high) when leases would renew since it'd be valued as a commercial building with the office space.

Quote from @Paul Whitehurst: Many will tell you to borrow money from Property A to purchase Property B, but that's known as over-leveraging and not recommended for a newer investor.

I have a seller who wants to sell a house that is worth roughly $830K. 

Happy Monday!Say, I have a potential client that has asked me to value a 7 unit apartment building. I have all the income and expenses. Does anyone have a "program" or formula to use to establish a reasonable list pri...