I was advised that for owning a single property, isn't cost effective to have it in an LLC.- Worried that, should I move to an LLC, my mortgage may be called to be paid in full by my company- Does this disqualify me from a 1031 in the future?

Treat these rental properties as investments like your retirement accounts.

Cash flow is 48K a year after accounting for vacancy and repairs, capex, etc.

It's a smaller home ( 3/2 1000SF all single- level with tile floors throughout so no carpet).

Account ClosedThanks for the reply!

The property was bought and renovated with cash, so there are no financing costs—just the opportunity cost of the investment.Comparatively, I’m currently earning 5% in a money market account and 10% from participating in hard money loans.

At the end of 2023, I purchased an empty lot to build a single-family unit, that I plan to live in for at least 1 year (rent or sell in 2025).

If you work with a single lender for the refis, many will offer you discounts for multiples, so even though its not a portfolio per se, you can still save money on some closing costs by doing them all at once.Good luck on it though, would be happy to recommend if it would be helpful.

Ive been investing for a few years now and have 3 properties which are STR's and all cash flow.I own all these properties under my LLC which is the holdings and operating.I have a bank account with Chase where all the money from these rentals is deposited which is under this same LLC and I am a single member.Now that I am getting ready to graduate college and take investing more serious what is the best structure for me?

Miami's single-family homes continue to capture the hearts of buyers, beckoning them with promises of comfort and stability.Cash is Key: In the whirlwind of real estate transactions, cash reigns supreme.