Questions from a New REI: LLCs, Software, Finding Off-Market Properties, 2026 Outlook

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Questions from a New REI: LLCs, Software, Finding Off-Market Properties, 2026 Outlook

Anthony Michael HamzaPro Member
Odenton, MD · Member since 2025 · 17 posts · 8 votes

Good evening BP Friends,

I am new to REI but want to expand my portfolio as soon as possible. I have a few questions.

Let's lay out some of the facts first:

-I am currently working a W-2 in MD.

-I own/manage a single-family rental property in Palm Beach County, FL since 06/2024. 

-I am currently using Avail Landlord software.

-My goal is to establish a cashflow funded retirement via a buy, rent, and hold forever strategy.

-I am focused on multifamily properties in the South Florida Region, mainly Palm Beach County and Broward County.

-I want to get my next property in the next 1-2 years if possible, but don't want to touch my current properties loan since I have a 2.25% APR.

-I am thinking about establishing a REIG Parent LLC with holding LLCs for each property in order to protect assets and establish a business presence/history that would appeal to potential future investors.

Questions:
1) Should I start the LLC now or wait? 

2) Should I continue using Avail or some other software?

3) Best place to find off-market multifamily properties for South Florida?

4) Who thinks there will be a market correction in 2026 and should I wait to capitalize on that?


Looking forward to any feedback I can get! Thanks in advance!

Respectfully,

Anthony

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  • Ryan SpathBusiness Member
    Real Estate Agent · Boise, ID · Member since 2017 · 585 posts · 380 votes
    1y

    Anthony, congratulations on the first property, this is the hardest one typically.

    1. If you plan to have others invest with you partnerships/OPM get the llc going. If you are not going to do this Umbrella policy can often times provide enough protection.

    2. If Avail works use it, don't over complicate the software IMO

    3. Befriend other investors. Go to the meet ups, look for folks here on BP. COld call FRBO's. 

    EX: Anthony? Anthony, hello my name is Ryan, Im a local investor before you hang up I was hoping to ask you about the property? This is when you can discuss your occupancy rates, share contacts for painting etc you get the idea.

    4. Don't wait to buy real estate, buy real estate and wait. If you are in a position to buy and the math, maths. pull the trigger. Working with a local realtor that has a pulse on your market can help advise here too as far as the direction of your market. 

    Best of Luck, I live in Idaho and Invest in Indian River County, FL. I have done long distance for ~5 years. reach out if I can help in any way.

    [email protected]208-600-2814
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    • Anthony Michael HamzaPro Member
      OP
      Odenton, MD · Member since 2025 · 17 posts · 8 votes
      1y

      @Ryan Spath 

      Hey Ryan,

      Thanks for that detailed response! Those are some great tips. I really appreciate that. 

      I hope you have continued success as well. Glad to add you to my network.

      Respectfully,

      Anthony

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