What’s the upside to the LLC that you obviously didn’t need for property you’re selling.It’s not going to give you a tax advantage, a privacy advantage or a liability advantage.

I definitely don't make any money off the place, but the airbnb rentals pay for maintenance and my gas driving to and from WA :-) Question: Have any of you missed some either obvious or not so obvious red flags that would have caused you to negotiate or walk away from the deal and if so what were they?

My dilemma is that one of my properties is worth about $400K and I owe ($40k on a HELOC & $50K on the mortgage) and I'm on tract to pay them both off in 16 months- paying ($2000 from the renter and me paying $4000 a month on the HELOC= $6000 per month total) I plan on doing this until both loans are paid.

I am in negotiations for  a duplex and triplex to get me to a total of 7 units.

Use the cash-on-cash return formula: (Net Annual Income ÷ Total Cash Invested) × 100.

The magic of real estate is buying a property and creating $50-100k in equity through $25k of strategic renovation while you are 4x-5x leveraged (for example...I'm obviously just making up numbers). 

As a new real estate agent in Northern Virginia, I'm trying to make these connections, but my immediate thoughts and attemps just involve messaging these business and informing them I'm an agent and that if the respective family is in need of a realtor I'd be happy to work w/ them, but every time I do that, the response I get is "we already have a realtor" or "house was already sold or listed"........and a lot of times I am refresh to the post, so obviously I want to be "there" sooner so I can get the seller listing lead.

Can you say the total market value of your properties is?

My sister in law and brother in law spent a combined $468,000 on attorney fees over 5 years to get divorced - their total net assets at the time they decided to divorce was just over $1 million.  

Interesting that your market is slowing, but Chris's market is doing well around Orlando.Jacksonville hasn’t been building as many total units as Orlando, but Jacksonville has been top 10 in the nation for building new housing units as a percentage of current stock.