There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

In addition, targeted searches for "apartments 77008" and "greater heights apartments" have lower competition which provides a great opportunity for organic and lower cost of acquisition.Household Composition: 77008 shows balanced demand for both family-oriented housing and non-family units, promoting investments in single-family homes and high-quality apartments. 77063 indicates higher demand for rental units and smaller homes, focusing on apartments and affordable housing options.Despite higher entry costs and a lower percentage of renter-occupied units, 77008 appears to offer better prospects for appreciation and lower vacancy rates, making it a more suitable choice for investment.Greater Heights OverviewThe Greater Heights area (77008), often referred to as "The Heights," is renowned for its prime location offering a blend of amenities, top-rated schools, and abundant job opportunities.

I’m not sure which one is the most realistic.BP Rental Property Calculator Rental Calculator: https://www.calculator.net/rental-property-calculator.htmlWealth Optimizer: https://www.rpmengage.com/wealth-optimizer Zillow: https://www.zillow.com/rental-manager/resources/rental-prope...In addition to the ones listed above, I’ve also downloaded Excel spreadsheets from a couple of other sources.

I asked  how many staff members they now have and was surprised to hear its still the same 3 partners with no additional employees or support.

Additionally, it gives you the flexibility to sell or lease the properties individually in the future.One potential downside is the costs associated with subdividing or creating separate LLCs, including legal fees, taxes, and administrative expenses.

Additionally, you’ll need to account for "depreciation recapture"—the depreciation deductions claimed during the rental period must be taxed.For example, consider a property purchased for $310,000, rented for six years, and then converted into a primary residence for two years before being sold for $510,000.

Additionally, there may be grant money or other funding programs available to you.Finally, if you get involved with a local real estate group you can likely find other investors that might want to participate in the deal with you.

Just like any flip story, my first flip expenses almost doubled (different story for another day 😊), so we are being cautious with any additional expenses.

Are you listed as additional insured under each contractors insurance policy? 

.- Late on the 4th with a $50 fee- Each day after the 4th is an additional $10- Post notice on the 15th