Once you have a portfolio, THEN the cost and effort to maintain an LLC *may* be worth the effort.Be advised, it's $800/yr to keep an LLC in Calif AND the list of members must be filed annually.All the seminars taught the legal entity stuff (usually due to the vested interest in 'helping you') but IMO a good landlord insurance policy + an umbrella policy is sufficient for "well behaved owners".

What he probably meant is the average borrower usually sells the home or refinances within 5-7 years after a purchase of a home so paying points often times is not the best way to go unless if you can really know beyond a reasonable doubt that you'll be in that property longer than the "break even point," in terms of months/years.escrow fee is dependent on local area companys they usually consist of a flat 250-500 fee Plus $1.xx per every $1000 sales price or other type of variable fee calculation model.FHA streamline refinances "can," be offered with no points and often times with sufficient lender credit to pay all closing costs as well but your loan is a 20% down conventional no ?

However, if the leak was brief and there was sufficient heat for the moisture to dry out painting may be sufficient to take care of the stain.

Double glass is usually sufficient as opposed to triple glass (depending on weather and noice conditions), but I would recommend a thicker glass (usually it is 3mm, but upgrading to 4mm glass would not cost much more and it would provide better insulation and resistance to accidental breakage).if you need any more info, just ask

This is known as the self-sufficiency rule.

Hello All - First off, sorry for the long post but I wanted to give sufficient context here. 

It does not report on your personal credit file, however, usually you still will need a sufficient credit score above 650.

I would say to start building your passive income now, and when you have sufficient passive income (with enough of a track record to prove it, which banks want 2yrs) then think about leaving the job.  

@John Arendsen, if I understand your posting, you're looking to invest in crowdfunding sites, but not as a typical investor but as someone who sits on the board.There are about 20 sites that I would consider to be investment quality, and the remaining 80+ are fairly poor for one reason or another (in sufficient volume, none of experience, poor investor protection, etc.). 

I had to look for over 9 months.One thing to keep in mind if you decide to go the FHA triplex or fourplex route is the self-sufficiency rule, which states that 75% or 85% (depending on which state you're in) of the market rents on all units (including the one you will occupy) need to cover your monthly payment (principal, interest, taxes, insurance, and mortgage insurance).