Hello, getting ready for my 1st property and I want to build a model for future investing. When do you stop saving for repairs? Say I save 5% for CapEx and eventually I have $10,000 saved. Do I continue to save or sto...

I prefer to limit my exposure based on the amount of equity I hold in each LLC vice the number of properties, which is really arbitrary.

So remember, for legal and tax planning, a good CPA will recommend that clients hold their properties in an LLC or Limited Partnership and run their businesses as S Corporations to avoid self-employment taxes.

My experience has been that gated communities typically have grandfather clauses that limit the number of rentals allowed.

I want to limit my mistakes, even though I am prepared to make them.

What happens to membership units after all limited partner's have had their principal paid back?

Our company has lent on several fix and flip deals but our experience with new construction is limited. 

In my original plan I started at an end number (monthly passive income) and worked backwards based on cash flow but I am rethinking that approach to not limit my growth. 

Some of the limitations of low contributions can be overcome because of the high rate of returns through tax-free methods.For eg.

In six months or so I can request to raise my credit limit from all three bank cards.