Hi BP,I own 2 rental properties in Baltimore MD and i am first having trouble deciding on whether to place them in an LLC or not (I plan to slowly scale and house hack a new property once a year).

@Gaurav Vedi this is very thorough.Did you also evaluate the increased cost of compliance, admin, and time you will need to invest in executing setting this up and maintaining it? 

Im down to put the work in but want to know 2 things...what would be the most efficient and effective way to use my time to get houses under contracts and to close deals.

The issue is after learning about 1031 it says it can’t used on a property that is just built to sell which this house is being a new build.

Louis from NJ and I would like to buy a house in St.

Do a Google search for "Boommates" and you'll find references to the Golden Girls TV show and discussions about two significant issues older people face: the high cost of housing and loneliness.For younger people, we call this "house hacking," where someone buys a house and takes in roommates to help cover the costs.

I love analyzing deals and design.I plan on analyzing deals in the different markets of active listings, to share how you can make a house hack work or how to get your first deal that will cash flow positive in year 1.  

Cash reserves from flipping houses.

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

So, if you form in Delaware, for example, and want to flip houses in New York, you will still need to register to do business in New York.