This 750 hours includes time spent on any real estate activities, not just managing rental properties.So, one spouse needs to hit 750 hours of real estate activities individually to qualify for REPS, but both spouses can combine their hours for the 500 hours of material participation.

Adhering to the procedures laid out in the operating agreement is what you rely on to be viewed and treated as a business rather than as an individual.

Make sure you're listed on those 2 sites so those individuals can find your property.And I agree with Colleen, a 3 bed won't get many healthcare professionals who typically travel by themselves.

When we felt uncomfortable with this, and asked them to process a section 8 prospective tenant, they say they wont work with section 8 applicants because housing authority will pay the rent directly to the owner.

We are a thriving community of hosts committed to providing safe and comfortable haven for individuals and families facing unexpected challenges.

Instead, you would want to buy each property individually with four different loans.

To bring this vision to life, I'm seeking to build a team of like-minded individuals who are interested in partnering, collaborate on deals, and tap into the booming Miami real estate market and beyond!

My plan was to "self-perform" a land contract by filling out a purchase and sales agreement for a land contract that specifies I will take over the mortgage payments, get authorized on their mortgage, and be authorized essentially to fix up the property and eventually sell it on the MLS since the land contract will give me that control/equitable interest.

I recommend focusing on getting a great investment property and disregarding Section 8 in that pursuit because any property can be a Section 8 property, but a lousy investment is lousy regardless of having a Section 8 tenant or not.Section 8 will perform a basic functional and safety inspection for your units after you have an agreement with a Section 8 tenant and your local housing authority.

These properties are typically bought by individuals or families who prioritize location, size, and condition, making the comparable sales method more reliable.Income potential still matters, and calculating the NOI can help you ensure the property cash flows well if you plan to rent it out.