@Imthiaz Ahmed are you creating a CA LLC?

As an investor, your #1 goal is to learn how to create value!

Make sure you have an experienced inspector who also will give you an indication of life span for major systems.I'd create a sophisticated spreadsheet with as many costs broken out as possible. 

Hi BP:I am creating a landing page both for people looking to rent from us but also from potential deal leads.

I'm likely going to be a Trustee and I'm wondering if there is any financial advantage to my Dad creating a corporate entity and transferring the house to the company, and then the company to the Trust. 

I'd love to have side-by-side wall-mounted units to free up basement floor space, but this would be my first time with combination units and I assume they're not all created equal.

I disagree as to me they are both needed, but I understand that for some it may not be necessary due to their threat level.Also using entities will create additional costs (creation, maintenance fee) and additional administrative burden to keep its protection veil intact (multiple bank accounts, paperwork trail, tax reporting).

Then any time you spend from a column you enter that as a negative.For clarity sake I also found that this go to be a lot of extra work as you are essentially creating a budget and then tracking your spending relative to that budget.

I'm creating this Forum Post as a reference point for newer investors, like myself, who are seeking to learn more about the different books and podcasts that have dramatically impacted your life as a Real Estate Investor!

I am going to attempt to find my own seller off the market and create my own deal.