I hold two properties in an LLC, one property is currently a STR with less than 7 night rental on average and I provide hotel-like hospitality services and materially participate.

If your long term goal is to own rental properties, it might be worth keeping and pulling equity out for a down payment on the next house.

Hi Bigger Pockets Investors,My wife and I purchased a rental property in Bend, Oregon 1.5 years ago for $480k and put another 30k into rehabbing it.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $38,000

Cash invested: $48,000

Single family,
Home in an older established neighborhood needing complete updating....

depreciation from my rental properties

Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.2.

If you have money that you want to invest, then consider the rentals and pushing for the income stream.

Depending on your future lender (assuming you are buying more than just one property) some required multiple years of the business operating before that income can be credited towards your income, others will credit the income the property gets at a discount (70% of the rental take, the day the property was bought.)Now for stuff I don't have personal experience with, yet.1.

Hello friends,I am a new BRRRR real estate investor working and living in Germany.Just incorporated LLC in US and willing to buy my first rental property soon, The question here is the "Refinancing" part, As far as I learned that I cannot refinance unless I have a credit score, right?

Hi Adriana,I run a short term rental property management company in Austin, TX which manages about 40 properties.