We wanted cash flow so we can snowball our earnings into more down payments quicker to make this our careers

Doing it on some online website.

With these entities, any profit earned from the rental activity is “passed through” to the owner or owners’ individual tax returns and they pay tax on it at their individual income tax rates.Thanks.

The cost of refinance is way less than what you could earn buying a great deal.

I love the fact that online acquaintances often translate into real frienships. 

I took photos of the place and put the pictures up online as it was ready to rent it out.

I think there are some online banks that have nice returns but for me I’m not really trying to have a savings account generating interest at a bank but rather in real estate and the money in the bank is only a temporary holding spot

I’ve read horror stories online but also know there are some really great property managers out there.

The guarantor requirements are:1. good credit (700 and above)2. proof of income (min 72 x monthly rent: $144k/y on a $2k/month apt)I often clearly state these criteria on the apt ad online, and I pre-screen applicants on the phone.

I'm browsing properties online for a few different central Alabama locations, but I dont think I'm gonna be able to find a true  deal until I'm back home in person this fall.