Don't forget to include rent avoidance in your numbers!

The Tri-Cities area just south of Richmond which includes Colonial Heights, Hopewell, and Petersburg would be the best area to find properties under 200k that might fit the 1% rule if they need a rehab.

That's good, but are you sure no other utilities need to be included?

1.Benefits of forming an LLC in Wyoming include strong asset protection laws, privacy for owners, and lower costs.

It's so easy to Google anything and find information on anything including YouTube videos.Many newbies on here struggle with the search function which usually reveals a wealth of information on most any RE related topic.

With my young son, full-time W-2 job, the fact that I have been consuming a lot of educational materials until now, I just haven't been able to get everything on paper.But as I finish up The E-Myth Revisited, I think I feel comfortable enough to start putting everything to paper, start getting out into the area, and lining up some funding alternatives.Wishing everyone success!

As acquisitions have slowed, there is much more focus on the day-to-day, including a lot of chatter about OpEx and the biggest issue for most fans of the Southeast: insurance.

obviously you're not going to see the same tax benefits from a 401k as you will in real estate. so is the effective irr actually worse for a 30 year old to cash out a 100k 401k and invest it in an 8% real estate investment over 30 years when accounting for depreciation, appreciation ( let's call it 2% annualy) and actual cash return even if you include a 10k withdrawl hit?

I'm a new Buildium, but I chose it because a mentor of mine who is an excellent property manager runs her 60+ single-family rentals on the platform and uses it to handle all of her business accounting (including flips and investor disbursements). 

Driving for dollars is a very time-consuming task and even if you target distress properties that its only one layer of motivation which for us is not the one that triggers our sellers to be motivated.