Personally, I love Sherwood Forest for long term rentals, but there are tons of other great neighborhoods to invest in. 

My intent is to convert my primary into a long term rental.

Do I open the LLC in the state I currently live, or the state I own the rental property in? 

I am 19 years old and I’m about to buy my first rental.

3 years ago when I first started my REi journey I thought I could do everything myself I’m big on DIY… (I did just that, I launched my first rental just like most of yall *BP,Youtube,books, I literally didn’t know what a mastermind even was , few months into my journey I started to feel stuck and couldn’t get the answers I needed. ran into a few of Jesse’s YouTube interviews and I was hooked on MTR (Travel nurses was topic during this time) I tried doing it myself and failed countless times and I wasn’t sure If I was even heading towards the right direction. 

Effective Gross Income is the total potential rental income minus vacancy and credit loss.

Hello everyone,I'm planning to buy rental properties out of state and looking for some properties in Alabama.

I file jointly and we are able to put enough of our income into a retirement plan that we can be below 89,000 in income (including rental income).

But the value eventually recovered and zoomed upward, and the rental income is amazing.Good luck to you / make it happen!

Alimony alone is 3X rent? All