Good job Julian.

When you start to feel like you are starving for real estate, you are fodder for everyone out there who wants to wholesale you a dump on seller finance or some other quick method that won't work.Your only job if you want more real estate is to create more capital for yourself and more equity in your current home.

With respect to Tenant's back grounds, pets, rental history, job status etc etc we are always looking to learn but feel that aspect is strung and thorough.

We both work W2 jobs and don’t use the income from these investments.

- Initial paperwork and chasing overworked caseworkers to process it, so tenant can move in- Helping the tenant complete & turn in their required paperwork to start the lease- Annual S8 inspections, which tenants often make difficult to schedule- Dealing with silly maintenance requests because tenant too lazy to change lightbulbs, etc.- Getting tenants to agree to rent increases and turning in all the required paperwork to caseworker, then, you guessed it, chasing them to process it- Dealing with the tenant's "entitlement attitude" that they don't have to follow the terms of the lease, so they move in other individuals and/or get pets without permission.So, a good PMC will charge something more to manage a S8 tenant/property - either a higher percentage or a one-time or annual fee.

If the rental is more than a day trip to visit schedule some time to inspect the rental in the first 1,3,6 months.

Hi Ed my partner and I own 300+ units in the area and would love to help you find investments that meet your cash flow goals of leaving your w2 job.

Job" typically means something you are paid a W2 salary for.

Piggybacking off of #3, you will receive favorable scheduling and complete your projects quicker.If you are wondering if you have adequate site cleaning built into your construction budgets ask yourself these questions: 1.

Which would make the LLC disregarded and the property would go on your individual tax return on Schedule E.