Very few accurately price the cost of doing business in lower tier neighborhoods into their pro-forma and that gets investors into trouble. 

Hone Microsoft Excel skills by creating 12 tab pro-formas to practice 1% rule underwriting on $100K single family homes. 4.

LLC for Foreign Property: - Is it necessary to form a new LLC specific to the foreign property, or can it be owned under an existing U.S.

Either way, the property will need to cash flow (at least cash flow based on pro forma numbers) for the bank to lend to you.

The primary reason why people form a company is to limit their legal liability from lawsuits.

Buy it, form a team, and let someone manage it and grow properly.

Form a Wyoming LLC3.

It's up on Airbnb now, booked solid and far exceeding my pro forma, although it seems COVID is creating an artificial short term rental market spike. 

And, like is mentioned, many education programs in RE are more of a lead generation for educator to then continue to sell you and/or extract more value from you, i.e. form a fund of funds so you can help me raise more money.To your theory, I think the other part about real estate investing, especially as it is sold by many gurus by being an escape from your W2, is a bit oximoronic.  

I'm looking to form a revocable trust to have all my assets in it, I understand that it does not protect me as an irrevocable trust would.