When selling, I create the sales brochure....

I have owned and managed my own properties before but sold them due to lack of time, and not enough working capital to sustain while rehabbing.

Always create multiple exit paths.

Subtract a mortgage payment of $266 (10 years @ 8%), that leaves $233 left, or $116 per unit.That is based on a 20% down payment and 5% closing costs, leaving an approximate ROI of 40% (based on $6986 out of pocket costs).I have attached analysis sheet that I created for this.

If you have a problem finding their website PM me and I will get you the link.Their model is to create a database of every residential property in the US including photos and appraisals for each.

I think they should create many more of these categories, where you can reach a new one after every 50 or 100 posts, would just increase the fun.But ultimately it is not about the # of posts but the quality.

If you flip, wholesale, refurbish and other things you are investing your time to create equity or to create lump sums of cash.When you hold long term as a rental you are trading time for money.

At least in the IT world, anything you create while working for the company is company property.

If you are talking about $50K properties where you have close to zero equity the LLC costs would be too high.More practical is to define a level and then create a new entity when you get to that level.

At the same time, there are several companies out there gunning to create a National MLS - while the NAR currently has a monopoly on their MLS, there are rumblings that others want in.