Have you considered using long-term rental loans to finance your properties?

Purchase price: $594,000 Cash invested: $153,000 Closed on my first investment property,A single family residence of 3000sqft ( +another 800sqft unfinished basement) on a 0.25 Acre lot.

I was a little busy dealing with the hurricane (buttoning up both rental properties as well as my primary home) and evacuated myself on the 8th.  

For rentals, focus on properties that generate solid cash flow after covering mortgage, taxes, insurance, and maintenance.

Setting clear expectations upfront with a detailed lease agreement is a must.Consider Property Management: If managing the property starts feeling overwhelming, consider hiring a property management company, even if just for the rented units.

Hi,I am planning on setting up a multi-member LLC either in North Carolina or South Carolina to house the rental properties under, and wanted to reach out to the community about which state is more favorable to holding rental properties - assuming that the property can exist in either state.Thanks in advance!

Will your savings grow faster than property values?

I already own one rental property, which is doing great, with cash flowing around $500-$600 per month.

Can you sell your currently live in property to your LLC?

I need to tap that equity to purchase other properties.