In terms of passive income, my favorites are NNN leased properties and build-to-rent (BTR).

To expand your rental business, consider the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy.

How about a management company to handle all these for liability purposes.If we decide to go with a series LLC structure for our real estate investing, where should our management company (to deal with tenants, manage rent, deals with expenses, etc) will fall into?

You'll find some crime as you would with a more affordable area but overall it offers good rents in a time where rents are at historic highs.

@Preston DeanI want to property manage, but to do so I need experienceThis is what I told from some googlingIn Minnesota, renting and managing property are considered real estate activities under the law.

I have 9 doors with a mix of str mtr long term and rent by room.

-Expected Rent $2200 monthI also have a 3000 sqf 4 bed 3.5 bath house in the Saint Anthony Park neighborhood in St.

- Property taxes and insurance costs are $101 per month- Down payment is 30% on a 30-year fixed rate of 5.5% interest- Monthly rent is $995 monthly- Closing costs are $5,500If you have this information when considering purchasing a property, here's what you'll get if you type this into ChatGPT:"To calculate the return on investment (ROI) and monthly cash flow for the property purchased, we need to consider several factors:1.

you can do anything, there is zero benefit in doing this. a LLC is a disregarded entity for tax purposes so essentially you are renting it to yourself so its a net zero.

Almost every year it seems that there's a new bill up for vote putting various restrictions on STRs, the current one being that it's illegal to rent out your home if you live there less than 120 days per year.