And at the end of the lease, any bills tied to the house (ie if they don't pay, you have to), get a copy of the final statement to show it was paid in full before you return the deposit.My water company won't let the tenant put the bill in their name, so I send them the bill every 3 months (it is quarterly) and they add it to their rent.When the next tenant goes to move in, get proof that all utilities are in their name before you hand over the keys.

I went to a networking event, not an REIA…can always change my schedule around next quarter.

They usually use about three-quarters of the money you get from renting out the place to pay off the loan. , but this can change.

argument for stocks, corporate earnings rose 11.39% this quarter year/year, so puts forward PE on sp500 at 19.9, not far above historical avg of 18.2 PE, and the earnings of companies are growing much faster(driving PE lower) than the historical price appreciation of real estate, which per every long term study has it pegged at about the inflation rate (Dutch economist Piet Eichholtz built a price index of houses on the Herengracht {most expensive canal, homes} in Amsterdam, with a constant quality from 1628 until 1973, which has been extended to present, 400yrs).

@J Shoe I will start by saying consult with a personal attorney and CPA (and have them work together.)Typically people buy in an LLC just to keep their name off the record and for asset protection and operation agreements.As a sole investor a lot of people will buy in their personal name so they can more easily obtain quality financing, and then move the asset into the LLC.A lot of people of California use trusts (DSTs) to hold the asset, so they are not contributing to the problem of over taxation in CA, as CA has a franchise filing fee of $800 every year for each LLC.Just some things to think about, but find the professionals that can tailor a system for you personally.Cheers

I do quarterly inspections of the units and other inspections of the property.

It's important to take all things into consideration especially when dealing with taxation, favorable landlord rights, demand for properties and economic growth.Here's a great article:YouWhy is Florida residential rental units a good investment? 

New Western host an REI on Tap once a quarter located in Philadelphia or Media.

. • Establish solo Roth 401k• Make quarterly estimated tax payments (?)

I want to avoid the taxation of converting any of these investments into cash to invest.