My rule of thumb is the less equity you have, the more skills you need to extract profit.

Then, in order to extract some equity, you need to get it below whatever LTV the lender will allow.

I would like purchase another rental and just wondering if I have a great opportunity to extract some cash to put into a new investment.

Once you have plenty of equity, you can obtain a HELOC or do a cash out refinance to extract the equity tax free/deferred.If you hate being a landlord, hire a property manager.

Your time extracting the data from public record and updating it would create a position.

Under an LLC am I correct in understanding that you don’t get taxed on the profits that the company generates (and that we’d reinvested into the asset anyway) and only on cash that is extracted from the company as either salary/benefits or dividends?

Powerful stuff.Now I need to reread the book and see what other nugget I can extract.

For the carpet , I add some vanilla extract to the cleaning solution and I use a old rental carpet machine I bought .

I'm hoping to extract as much info as i can from the pro's on here, and maybe even find a mentor who will allow me to pick his\her brain.

It has hundreds of questions designed to extract the seller's motivation over the phone.