-Kwanza  I believe the biggest lesson I learned is that you should manage the property manager, particularly at the start of the relationship.

Unless you have a massive deposit relationship with them like 1m++++ then they may do 20%That said they will finance the rehab if you’re a strong borrower and it pencils. 

Remember you are exempt from excise franchise tax if you file an exempt form.This post does not create a CPA-Client relationship.

Whichever method of lead generation you decide on, aim to establish and maintain a relationship with prospective sellers. 

Why ask: Hearing about the success of previous mentees can offer insight into the mentor’s teaching style and the effectiveness of the program.14.

I want to know is it more cost effective or easier to purchase the property alone and put it in a mortgage in our name or purchase the LLC from him that holds the property within it.

I'm never going to use your website because I already have personal relationships with people doing that work.

Keep records of the payment timing to substantiate your reporting if needed.This post does not create a CPA-Client relationship.

A property manager may be a hard egg to crack but once cracked (built trust or relationship), they can open many doors since they can be your advocate and have access to many homes.this is the case with apartment complexes.   

Failure to meet material participation rules will limit rental losses to offsetting passive income or carrying forward.This post does not create a CPA-Client relationship.