Ideas?

Any ideas?

Be happy to talk if you want to swap some ideas around, could maybe help each other.This is our second acquisition in 3 years.

C/E shop, I’m with Samson and have been very happy, just a word of caution, it’s gonna run about 2k-3k a year just to pay for all your subscribers, mls, sentry etc, I suspect these will be going up substantially as a result of the agents leaving the industry, meaning the need to get more from the remaining, if you get your license make sure you have a use for it, like you will either have a decent client base and/or you are doing your own deals & will save money that way.

You could argue the savings are in the vacancy and rehab costs.For example instead of $1,800 maybe it is $1,700.

One issue was my insurance company I think had been trying to save me money by having a Personal Umbrella Policy to cover all the personal properties for LIABILITY. 

I am a busy doctor with some cash I have been saving for truly passive investment opportunities as I am limited with time right now.

1. probably the easiest and least complex options - also should not be really any more cost than opening a single member entity tbh...ensure that dissolution clauses are properly drafted for you both being on title2. for one rental property, this is overkill (although there are many people that will say you need to do this...the maintenance and cost of a trust for one rental property is likely not profitable) 3. personal name with good insurance policy if you're worried about liabilityHappy to go over ideas.

So STR allowed and close to disney.We live in CA and we go to Orlado quiet often so we thought buying investment property in Florida is good idea. luckily property we saw doesn't need a lot of repairs when we saw it.

Maybe you'll pick up ideas along the way and have a clearer idea if you want to wholesale and/or flip.