I plan on putting profits into marketing in the future, but I kind of wanted to see if I could do a deal without spending money first!

Because the pricing model is very similar to apartments though a bit more profitable, and you do not have the hassle of toilets, tenants, or trash!

The 1065 didn't do much for them except satisfy a check in the box for the filing requirement because they formed (and operated) a multi-member LLC, which is (by default) a partnership under federal tax law.You can share profits and expenses on rental properties without forming a partnership.

Hello everyone, Is being a real estate sales agent in Lexington, Ky a profitable job!

I make about 1k a month profit off the homes and am wondering what my next step should be.

Yes, this HOA has been difficult to say the least, but it is a very profitable investment property, and as long as I own the property, I'll have to deal with the HOA unfortunately. 

It has not changed much to investors perception that technology is desirable even to this date.Real estate public Companies Z RdfnRLGY * Type Internet Tech Discount tech Traditional Year Revenue($)$1.08 billions$0.37 billions$5.81 billionsGross Profit($) $0.99 billions$ 0.11 billions$1.32 billions Net Income($)(-94 millions)(-15 millions)$213 millionsBook Value / share$14.05 $21.42$19.89Agents- 272,000Stock Price (Mar 2, 2018)$49.21$21.43$19.89IPO year 2011 2017 2012 *Better Homes, C21, ERA, Coldwell, Southeby's, Zip etcOne can compare a traditional company like Realogy Holdings(RLGY*) with some technology based public companies.

I invest $100K in it as an LP, giving me a 0.5% share of the property.The investor summary predicts the following NOI:Year 1: $1MYear 2: $1.25MYear 3: $1.5MSo given my 0.5% ownership stake, does that mean I would be receiving a K-1 showing my income from this as:Year 1: $5,000Year 2: $6,250Year 3: $7,500If we continue the example and say that I receive an 8% dividend each year, then my actual profit each year would be:Year 1: $8,000 - $5,000 = $3,000Year 2: $8,000 - $6,250 = $1,750Year 3: $8,000 - $7,500 = $500This tells me that I must be missing something incredibly fundamental in all this -- that one of my assumptions is so egregiously wrong that it invalidates literally everything else.But what?

But since it sounds like you don't have any living expenses (unless your parents are charging you rent) then from a financial perspective, filling the house with tenants and not moving into it would be most profitable.

Try looking at:The Best Types of Markets for Profitable Turnkey PropertiesandWhat to Ask When Working With a Turnkey Provider