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Updated over 4 years ago on . Most recent reply

User Stats

239
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47
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Ron Singh
  • CA
47
Votes |
239
Posts

Tactial question on planning the portfolio

Ron Singh
  • CA
Posted

Hey RE Experts, 

what do you suggest if the goal is to achieve a good steady income (and minimal involvement physically) from rental properties :

Buying multiple SFR / 2-3-4 plexes and keep adding more slowly in Bay area California. [tanent friendly state :( ]

OR

Buying a big apartment complex i.e 50+ doors in Austin/DFW Texas area [landlord friendly state ?]

Also, LLC would be the right way to do it? as a new LLC is it going to be tough to get a mortgage or is it possible the mortgage on individual names and property owned as an LLC / revocable trust?

what would be the best route to go for in order to proactively protect from those tough days. 

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