@Patrick HancockLLC's are not free and there are costs associated with LLC1) Formation costs - potential attorney fees and setup fees with the state2) Registered agent fees if the LLC is not in the state that you operate out of3) Annual fees to keep LLC active4) Bank feesThere are also additional administrative burdens with having so many LLC's.

I had always wanted to work in real estate and saw the potential in this deal.

How does the demographic profile (age, income, health status) of potential residents in New Jersey and New York influence the demand for assisted living services?

Is it the potential growth an area is facing?

He has a seller financing book that he gives to potential sellers.

Hello Beth, this is where the learning takes place, the more at-bats you have with this type of potential client gets you prepped and that is how you can convert more sales.

From BP, it seems like Fishtown, Brewery Town, Olde Kensington and areas near Center City hold much potential, so I'm planning to look more into those neighbourhoods for now.

I could potentially help you out on this!

@Henry Lazerow I'd budget mid to high 7s for 75% cash out on a 4plex for the foreseeable future (remainder of the year)  My answer is in regards to DSCR loans only. 

Does anyone have an excel program or software that they recommend that includes Schedule E data to show you the potential tax savings on various real estate deals?