Hi all, I’m interested in learning about REI from setting up an LLC, flipping homes and buying rentals for cash flow.

Rental income flows into the LLC.

That’s 2100 each for capex and repairs. with the cash flow there, there is more buffer if needed, I just don’t think I can expect a larger buffer.

Watch that the violations you cite in the eviction have to do with the drug use and unauthorized new tenants living there and not due to thespian concerns .c and d class neighborhoods are great places to make cash flow but unfortunately the tenants are usually low functioning “ unIque “ people and I can say that because that’s where I invest

I plan to by 1 property in year 1, 2 in year 2, 3 in year 3, and so on with a final goal of 10 properties paid in full all generating passive cash flow.

If you ask someone how they accomplished something cool (like how they built their portfolio, what their best property cash flows, etc.), you'll usually have a hard time getting them to stop talking!

If anybody knows any lenders that will also take potential income of the new property into consideration that would be great.Thank you,Josh

@William HustonIt sounds like this CPA was looking at cash flow thru his tax deduction glasses.

If you have none of your money in the deal and it cash flows XXXX.

Higher cash flow areas or "safer" spots with better school districts and the like?