In 50 years, I think Phoenix will look like a shanty town with all these wood-framed stucco track homes decaying underneath the blazing sun.

I was looking at a triplex in Trinity Vicinity and it was sold right up from underneath me LOL  My jealous side was hoping that you didn't buy it hahahahahaaa  I can understand where you're coming from ... seeing your loved ones sacrifice for years to then have their own struggles is hard. 

So I understand it to mean that the NOI is just comparing the income to the operating expenses and does not include possible financing expenses since financing does not change the value of the property.

Hello everyone,As a part of my full-time job, I get to process map the companies operations.

Engage the services of a IRA LLLC (checkbook IRA) facilitator to register the LLC, obtain the EIN for the LLC and to prepare the special purpose LLC operating agreement .4.

Can the seller provide operating statements and rent rolls? 

You might want to rethink how you operate.

My husband discovered the Morris investment you-tube videos and has been excited at the prospect of investing in a turnkey operation in Michigan.

I am a 37 year veteran of the real estate industry having owned and operated a multi-office real estate firm in this market for thirty years.

The long term business behind it is property management after we purchase the rental, put tenants in, and sold it to our investors.We think it makes sense to establish an entity to operate this on but we are not certain how best to structure it.