The plan is working, but it has only been 3 years.

The seller needs moving money, there are oftentimes an arrears that has to be paid on the loan, there are oftentimes HOA fees that are due, there are title costs, there are escrow costs, usually there is deferred maintenance, you have to make mortgage payments out of pocket until you get a renter in there, you have to pay utilities and taxes, and you need reserves in case it all doesn't go as planned.3.

If my plan were to continue with OOS properties, I'm sure I'd keep searching here or just go through OCF...but I made the decision to stick with my local area and a few overseas locations.It's also important to be realistic about what kind of return you will be getting with a TK investment....Anything in double-digits is unrealistic for any TK, IMO. 4-6% return is more realistic. 

How did you determine the ARV for the property…in other words…what you plan to sell it for?

Now for planning purposes I spread the sizes of properties I have in this market.

As I get more confident in my real estate knowledge I plan to actively learn by going to real estate meet-ups and meeting up with some local investors. 

Hi @Sahil Raina I would suggest a LLC if for sure neither of you plan to live in it.

The plan is to sell primary residence in order to have the equity in cash and utilize that cash to fund the multi family purchase and have operating capital. 

Me 21 and my husband 24 are looking to start investing in multi family, our plan is to buy 3 or 4 unit properties, live in one unit and rent out the others one year at a time until we have a cash flow good enough to quit our jobs and have children.

I plan to sign up for a free trial on this platform: https://urlbox.com/screenshot-api After some reading about this, my idea is to: - check which companies are selling in my area and create a visual database of their listings (Zillow); - use automated screenshots for competitor analysis (locations, prices, open houses nearby); - track SERPs - track my progress in different queries to analyze the success of my campaigns;- possibly create visuals for social media/presentations As we all know, it's one thing to read that something is a good idea and another how it is implemented in practice.