New Investor in Phoenix Deer Valley
As mentioned above, I live in Deer Valley and would like to become a real estate investor. I've bee listening to more and more podcasts and gaining interested in investment strategies and opportunities. I am working full time as an engineer but learning real estate in my free time. I am currently interested in house hacking a single family home and renting to colleagues and friends. I have already contacted a mortgage broker, real estate agent, and cpa. I am considering creating an s corp or llc for the property to utilize the limited liability and tax benefits, but I'm not sure if that would be better than a traditional house hack.
I've been researching various options for a couple months and gathering information from the above sources but I wanted to get another opinion on my options.
Any insight would be greatly appreciated.
Thank you,
Monty B.