Don't forget to negotiate, factoring in potential repair costs, and research neighborhood aspects like crime rates and school quality for a successful investment.

Let's dive into the absurdity of setting up an LLC with a separate Wyoming holding company, just to sell an Xbox on Craigslist.

I want to pay my credit cards off ($15k) and adopt children (estimated to cost $10-15k) My company will reimburse me the adoption fees, but not until it's finalized so I am hoping to do a HELOC so I can re-use that monies later on for bonus items like a pool or something fun for the kids.

Every professional property management company in the world has maintenance techs doing simple fixture replacements perfectly competently without any special licenses.

We were fortunate to save enough to buy a new primary home this summer and upgrade (850k - better schools, neighborhood, location, etc.) and are now renting our first home for 3k a month to a young family with kids (roughly +$500 cash flow/mo).

I am a father of three and also growing an event rental company while growing my real estate portfolio. 

I made a great purchase of my first STR in May of this year, made it an outstanding property and handed it off to a prominent PM company to manage.

My thought process was that I was dealing with a sophisticated individual that understands that a company needs to be profitable in order to be able to offer a valuable service.

I then called septic companies and got a rough idea of costs for replacement and took that off my offer price and explained why I was offering that amount.

I had property management once tell me they couldn't do anything because the tenant hadn't given notice yet and still had some property inside when they posted pay or quit, but the power company had told me the heat had been turned off when I called to check (apparently landlord utility revert doesn't work properly if tenant just doesn't pay).