A 1031 exchange is a smart choice for your parents, reducing immediate taxes to $70K (capital gains on $300K boot + $25K depreciation recapture) versus $148K without it.

Everything else; relationships, making connection, closing deals, and ultimately making money, is the result of concerted efforts.

LLC's separate your personal assets from your investments and offer you protection from lawsuits related to your property, they can help to establish a more professional image if you plan to expand, and they provide some flexibility on how you are taxed.There are some drawbacks, included fees and administrative work, but it's ultimately best to consider speaking with a CPA to determine the best option for you. 

$280k home for $2,500 rent is a personal choice.

As both an investor and a mortgage broker who has personally used both options, I can say there are benefits to each.It ultimately comes down to comparing the two side by side based on your specific situation.

This city continues to grow and evolve, making it a strong choice for real estate investment.

Most of us have passions that will never be followed, amazing businesses or ideas that will never be pursued… unless we can solve the Cash-Flow Freedom Equation, which ultimately leads to Time-Freedom.

Even though your Realtor might be good and helpful their ultimate goal is to get the house sold and no one will see the vision you have set for yourself, in the same light that you will.

The Housing Choice Voucher program here is run by CMHA (Columbus Metropolitan Housing Authority).

All the partners must agree to make the choice, and the partners must be able to figure their own taxable income without figuring the partnership's income.