The potential risks like unpaid bills and damaged property aren't worth the hassle.

An LLC has no effect negatively or positively on how a full doc lender will calculate your income.

When there is a vacancy, a leaking sink, a drip from the roof, a fallen branch from a tree, storm damage, a rough tenant, a potato down the toilet...whatever expense comes up in the future, and they always come up, that is what the cash flow is for. 

In addition you can use it to collect initial security deposits or to bill the tenant for addition items such as billed back utilities, damages, etc.

Here’s a look at the most effective ways to minimize capital gains taxes when selling an investment property.1.

So with that I'm curious to know how people are effectively reaching out to homeowners via Text blast while still staying compliant.Also if they are any SMS services that you recommend.

@Rene HosmanIf it’s too much to do in excel I have a bookkeeper handle it - now there are overseas companies that can be very cost effective as well.

You might budget for them to last 20,000 miles, but if you rotate them and avoid damaging them they might last 30,000 miles.

We are currently looking at a HUD home in Georgia - I have a couple of questions and can’t seem to find a definitive answer - The home is currently in the OO listing period - our plan would be to buy the home doing extensive renovations (the home is in a “Historical” area so renovations have to be approved) once completed we plan on living there full time - it could take ip to a year to complete or longer I don’t know  - as I see it the OO designation is to be the OO for a min of 12 months - is this after the home has been renovated or after you close on the home - though the house could probably technically be lived in now it does have some water and roof damage and needs complete redo of electrical and plumbing - for me to deem it safe - so not really livable by normal standards - but no way it would be livable in just a couple of months - any thoughts or an actual answer to the OO rules 

If your accountant isn’t providing strategic guidance on structuring or tax optimization for real estate, consider finding a real estate CPA to ensure your long-term goals are met effectively.