TX has a state limit of 80% from what I have seen.

Trada's attorney for Texas is bailing on them, Marin, and other defendants.Looks like bankruptcy for Trada VI so that the limited partners will be on the hook for the amount of their investment.Also appears Boise office closing with their furniture being repo'ed.

They have a good book called "You Limited Liability Company" subtitled an operating manual.

In Belize the exchange rate (last year anyway) allows a much more luxurious lifestyle.

In my quite limited experience, yard signs (the generic kind) have brought lots of phone calls, but all my actual tenants have come because of free ads on Craigslist.

"privacy", I mean that an LLC or corporation offers specific, legal protections that limit the liability for some actions to the company vs. its members or shareholders.

These are usually limited to 65-70% of the ARV (after repaired value.)

I realize this may be a quite rhetorical question, but after how many years (and houses) would you say you got to a reasonably comfortable level of satisfaction where you could afford a decent lifestyle with some money left over to invest in a few more properties.

But do not count on the extra cash for closing costs or rehab.The lenders are now giving their 80% LTV (or 75%) of the sale price OR appraised value WHICHEVER IS LOWER for investment properties.My best advice is to go check with the bank first: ask these questions, get pre-approved, know your financial limits, etc.

I just started my Inc. not a shelf corp and they already wanted to give me an Equipment financing loan- My personal credit is good but not great (low 700).