Also open to working with a team.But wait, there’s more…After seeing fellow colleagues and clients create passive income with rental properties, I am convinced and excited to create passive income someday.

As your portfolio expands you can focus on areas that play upon each technique, or find a region that supports a bit of both.Remember that cash flow creates passive income and comfort, and appreciation creates wealth.

It can create a toxic environment for the other tenants in the building as well. 

I inherited my duplex from my mother and want to create something good for myself with her legacy. 

We would create separate LLCs with each person and hold the properties in the name of the LLC.

Have you created a system to evaluate tenants (think of a scorecard)? 

You have basically rejected their agreement and created a new offer.

Hi @Jeff Oberts, here is a public one I created a while back if you want to check it out.  

When applying for the loan, should I do it in my own name, or create an LLC and apply in a business name.

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