
13 May 2019 | 56 replies
There's real estate as an asset class and there's real estate as an investment vehicle where your expertise and control can produce superior results.

10 May 2019 | 2 replies
Turnover 2: Vacant in Nov (Time vacant: 8 weeks)With the holidays, I had a really hard time getting this one rented out.

10 May 2019 | 8 replies
The plan buys real estate and receives the income the real estate produces.

12 May 2019 | 45 replies
I'm talking 13-15% average annual returns at least, and ideally 17-20% + annual returns through real estate.If I'm zooming out with that lens and looking for that type of return, I need to think about the long-term and how I can build a strategy that has a high probability of producing that return long-term.

9 May 2019 | 2 replies
You own the LLC, thus the property so if you live in it, it ceases to become an income producing investment property.

24 May 2019 | 11 replies
I think you are expecting too much from someone that wants or needs to rent in a MH park.I'd try meeting with applicants and taking a paper application.Run their background check and look at their credit score, criminal and eviction history.You may have people that get paid cash and can't produce a w2, they may not even have internet access or a bank account.I think a credit score and trying to talk to a previous landlord is the screening you need to be doing.Collect a larger deposit to give you a bigger buffer and see if you can't find some people that will turn out to be good tenants.File an evictions on the ones that are behind.

10 May 2019 | 2 replies
I know there are also more details that the decision to file this as a primary residence or break up the income producing parts of the house such as: ability to write off mortgage interest, depreciation amount, tax benefits at future sale in the future.

13 May 2019 | 10 replies
If the original poster's forms an LLC in a state other than Texas, and then the LLC is doing business in Texas by operating an income producing property in Texas, it's still going to need to be registered in Texas (as a Foreign LLC).

12 May 2019 | 22 replies
@James Purvis Buy another cash flow producing property!

21 May 2019 | 7 replies
If you see that they are all essentially the same units but with different addresses and they produce the same returns, and if you like those returns: stick with that model UNTIL YOU CAN'T!