The security deposits from the tenant may be held in a trust account outside of the State of North Carolina only if the landlord provides the tenant with an adequate bond in the amount of said deposits.

@Tar-U-Way BrightUsing an LLC for real estate can provide liability protection, simplify accounting, and allow you to deduct management expenses, offering tax benefits and scalability.

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

and usually take the state test to get the license and skip the federal part of the test ..

Learn how to evaluate a market by either reading and listening to a lot of content or by providing some sort of value to someone who already has that knowledge.

These relationships became the foundation of my journey, providing me with insights that couldn’t be found in books or online courses.Building Relationships with Intentionality: Beyond TransactionsOne of the biggest lessons I learned early on is that relationships in real estate are about more than just business transactions.

Selling a property that requires significant work can indeed be challenging, but there are several avenues you might consider exploring:Local Real Estate Agents: A local agent with experience in selling fixer-upper properties or historical homes in your area could provide valuable insights.

If you struggle with this, it is even more reason why making sure you follow all of the other tips I have provided is critical to increasing your chances of hitting your goals.5.

All the other fancy ways people try and get creative with owning something typically only costs you money and provides zero benefit. 

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.