@Robert Rixer so you would suggest saving up enough cash to buy as an investor for my next property?

For example, my appliance store gives me a 10% discount, so I charge a 5% markup to my owners to make a little money and the owner still saves 5% from retail. 

Whether you read my book or one of the others out there, I suggest you educate yourself and learn how to manage well before a mistake sours your plans.Flipping is a great way to earn income, but the market has to be balanced.

So I did that and my property revenue cannot service the debt but using my strategy I'm cash flowing $1100/month after PITI on a new construction home under warranty. 

My dad just moved and is renting out his house.

Hi All,I bought my first 2-family property in CT just under a year ago.

As this is my first experience with rental properties, I am unsure where to begin and what challenges I may face in transferring the rental home to an LLC.My mortgage is with Wells Fargo, and I have already informed them that the property is being rented.

I believe this capital will I appreciate your guidance in helping me focus on my first acquisition.

I purchased it under my name but was thinking of transferring it to LLC.

This is my first rental property, and I'm already having significant issues with them.