Particularly be sure to include your goals for real estate investing so that folks can help you. 2) Follow your favorite forum topics and set up keyword alerts!

I currently have a house 3 bed 2 bath in one of the best neighborhoods in Cincinnati. I paid 325k for it with 5% down in June 2023. Comps for this house fixed up are now trading in the 5's.. My mortgage is 2.8k and it...

I made 120k in equity last year with the sale of the houses but because of how stupidly our business was set up, Our tax guy suggested my partners give me most of my equity as a gift because we didn't want to get taxed on it twice.

Thanks I think if you're checking comps throughout the year and finding your rents are below market, at renewal time you can bake in small rental increases to set expectations or raise rent once at renewal (assuming one year leases).

Hi @Andrew Hinspater,I have been setting up my last couple LLCs in Wyoming.

I would say target people in your area.

Identify a target cash-on-cash return, and divide $180k by that amount to see how many properties you'll need.Wish you the best in your REI journey!

Effectively, you would claim depreciation for a portion of the year depending on how you set things up initially during the year you purchased the property.

Do you also have money set aside for major expenditures on the house? 

I have separate bank accounts set up for the property but was wondering if I should get a credit card as well?