Wanted to share an interesting graphic on where real estate prices are increasing the fastest!

When do you find it necessary to hire people to do things like accounting, incorporating LLC's, acquisitions, (if you own out of state do you have someone manage the local property managers?)

Before buying, would you recommend to incorporate and register my business in the regulatories or can I just buy it and the asset will be recorded on my personal financial statement?

I held a special meeting and election I hosted using the rules in the by laws and articles of incorporation.

@Jacob Huelsman In Arizona, there is a local real estate attorney who posts on his website, FOR FREE, Arizona specific clauses that he recommends people incorporate into his leases.That way when they have to hire him to do evictions later on, the leases already contain everything he needs to get things done more efficiently.Yes, in my opinion, you should have a lawyer look things over.

They will also incorporate a construction type loan you can work into your loan package for the remodel.

What if I was to incorporate a business that held both my healthcare 1099 and my rental properties? 

I was planning on incorporating my future real estate company to protect myself and have the tax benefits.

Oh I loved my time in corporate IT!

See attached graphic for a sample.