Quote from @Chris Olandese: Hi everyone, I’m the latest starry-eyed rental owner in SE Wisconsin, nice to be here!

@Vidit Maini Starting your business as an LLC taxed as a C corporation offers flexibility but involves double taxation unless you elect S corp status, allowing profits to pass through to your personal return.For tax savings, deduct startup costs, track business mileage or vehicle expenses, and consider a home office deduction.

@Brad Kanouse I have an idea that doesn't involve drawing from your IRA.

Hi Niece, I'd suggest you get involved with other like minded folks at your local real estate group.

Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

Lots of lessons learned and we will be buying there again with our new team, but we now verify everything our team says and we keep an eye on everything more than ever.

I've mainly had my eyes on the Northshore area as well Revere, Malden, Saugus, etc. 

We have several subcontractors that handle the process but the owner has zero involvement.

In the case of GEG, we let our members know we did not have a track record with them - they were new to us and just being tested - and therefore it was even more important to perform thorough due diligence since we can't be involved in the transaction. 

what about columbia is catching your eye?