I would also purchase the property and not the LLC unless you are a seasoned investor with a good attorney.

I have two properties which at 10% fee will be around $35K.

@Steve Babiak, unless he registered with Pennsylvania as a contractor, he would not show up on there, the company as the OP stated is from NJ where he would be registered. he should be registered in PA if he is doing work there, so i agree, he should have shown up on those sites, i am a contractor in NJ but do not do work in PA, not even my own properties, so i do not show up on those sites.

Doing so will help you avoid capital gains tax if you decide to sell later.Second: Test it out by renting the property for a year.

I have a client that lives in Hawaii but owns a property in DC area.

Everything too good to be true is too good to be true.

Hello, it is really time consuming for me to analyze each property by manually entering its data to calculate the return.

One thing to be mindful of is the cash flow of the property as you get into higher LTVs.

Hi my name is Josh and I wanted to ask property owners, what’s the hardest part of being a property owner?

I just listed my last property for sale, a fourplex in Pocatello, because now I focus more on commercial RE and syndications to be a true passive investor and not deal with tenants and repairs.