Need to be at minimum 10-12 on a cap depending on physical condition and tenant base.

Now I am not an accountant so please do consult with one based in your home state.Residency is a consideration, but is not the deciding issue of where you may have to file income taxes.The major factor involved is physical presence.

His name is on our Articles of Incorporation and they will not pay commission to him as an agent and a shareholder about 80% of the time.

As the values declined the rents did fall a little but are still fairly high as a percent of property value.Barriers for entry into these markets include cost to cure title defects which can include tax liens and city liens, etc and cost to cure the physical property.

But, as I mentioned, the biggest problem I have is actually getting any physical work done when the time comes and mostly that is during vacancies.

As you know there is a ton of useful info on this site but I would look to incorporate additional forms of marketing to aid in locating deals that are not currently on the market.

A company does get a 1099, unless it is incorporated; any LLC should be issued a 1099.

First, Joe A, I think you have to decide whether it’s important to you to own the physical real estate or the paper.

Joshua: The younger generations adapt to and incorporate new technology easier than older generations.

They are incorporated.