I guarantee virtually no one is meeting that rule in SD because they're all on here looking to buy in Cleveland or Detroit because in that market price to rent ratios are so askew that buying at a 50% discount probably doesn't get you the 1% rule. 

Nowadays with social media you can get a good idea of how they run their business.

I recorded a virtual tour on my cell phone because I was getting tour requests I couldn't fulfill, but no one has asked to see the property since I made the recording.

You can collect rent, do your banking (unlimited virtual accounts), and do your accounting.

If it’s in Michigan and you put it in a Wyoming LLC, what will happen is they’ll sue you in Michigan and it will still go by Michigan law…Wyoming law will have virtually no bearing.

The most common asset type was commercial multis 7-10 units. 

I'm sure y'all already knew that!

If you would like to connect, please check out my profile for contact info, and let's setup a time to have a cup of coffee, either in person or virtually!

Hello everyone,
My name is Darrius Lloyd, and I'm a 23-year-old aspiring real estate investor based in Northern Virginia. As I approach the end of my current lease, I'm eager to embark on a journey of house hacking w...

I just want to get the management side of things right if I were to commit virtually all of my resources to it.Best,Dustin The rule of thumb is somewhere between 80 and 150 units is when you will need FT maintenance (depending on age and amount of deferred maintenance).