It also positions you to work more effectively with lenders and partners who want to see a professional financial setup.How are others here organizing their finances?

During his speech I researched his background and found out that he's a professional speaker hired by agencies to give presentations, and has no ties to RE.

I only rented out 2 out of my 3 rooms because parking ain't the easiest in my hood.5) I rented to professionals (and one PHD student) so that's why I chose the neighborhoods I listed.

I'm not a real estate professional in the IRS sense, so if I take money out of my real estate investments as profit, I'm paying ordinary income.

Then we ended up had to evict the ex-owner from this property after the purchase which was no fun but something we are experienced to do.

Travis, forming an LLC is smart for liability protection and creating a professional structure for your investments.

It's a great way to gain hands-on knowledge and connect with experienced investors!

We converted a old restaurant on the property to a coworking lounge, redid the pool and built out the roof to a entertainment center with fire pits, lounges, bubble chairs, barbeque, large screen TV, music, yoga mats and amazing views of the ocean and city lights.It is designed for coworking/coliving for business professionals and entrepreneurs who want to...Live where they work.

Readers should seek professional advice.

Just curious if there is a thread on here anywhere that someone could link to that has bunch of fully underwritten deals by experienced investors?