They also handle legal matters, like making sure the property follows the rules or dealing with evictions if necessary.For finding deals, I recommend starting by connecting with investor-friendly agents in your target market.

We now have 400 hours in the bag, and hitting 500 is attainable during your first year.But what if you only spent 2 days visiting this property and from that point on outsourced all work?

The following quick filters now include HOA-related insights:Active liensPreforeclosuresUpcoming auctionsHope this helps

I have heard the 16% solution mentioned. 

Any tips would be appreciated! 

With respect to the LLC, you can continue to reuse the LLC since you’re not keeping properties in the LLC.

The US taxes global income which dramatically increases the reporting requirements.

Certainly nothing ground-breaking in terms of ideas here, however I'll be very hands on (and on site) during the process to make sure that every step of the way is executed to a high standard and very carefully.Once I've hopefully developed a successful track record and gained experience, my next goal would be to move on to commercial assets (think multi-family, industrial etc) so that I can leverage my existing investor network and real estate knowledge to raise 3rd party equity and take on bigger projects.

Ask questions to find out about their reasons for selling, desired next steps (i.e. relocation, 1031 exchange, etc.), and anything else that is important to them.Ask follow-up questions to dig deeper and learn more (without being too intrusive) then jot down any relevant notes so that you can reference them down the line during your follow-up calls.

The property is 2 stories and 1,875 square feet and was constructed in 2024.