Although, I would definitley prefer placing my first property under my belt before then if it's possibleThank you !

(I recently saw an article in Forbes talking about the Bay Area’s shifting market) And if you aim to hold properties long term, keep your eyes on towns around the Bay that have had consistent rent growth.Here in my home market of Phoenix, I see investors branching out to places like Austin, Chicago, and even Omaha from what Ive heard because they recognize how trends can shift quickly.

It worked out well, but not without its challenges, and I learned a ton along the way.How to find a partner: Meetups and forums like this are great places to start.

I have the details in place, but need to make sure I fit within regulatory and accounting laws.

It’s actually not too bad of a timeline for the Bay, but was still incredibly frustrating for us.He also was living in filth and really trashed the place.

I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.

If they have been paying well under market rent for a long time they may have a hard time suddenly managing a place at current market rents.

Along the same lines, they completely ignore all the things a good operator does on a daily basis to avoid the claims from arising in the first place.

or needs to be in two places across the state from one another?

., We were over a decade without insurance, and when I refinanced and insurance was needed, I had no trouble getting insurance in place.