Second, while it is true that if you own Florida real estate in a WY or NV LLC, Florida law will still apply as it pertains to the real estate, there are still easy ways to take advantage of the strong asset protections provided by states like WY or NV.

This just leverages you more and it's unlikely that cashflow is significant enough to pay the loan off quick enough - ie: it's an easy way to get in trouble if you don't have cash.

Tenant's are easy, it's take it or leave it with our late fees, tenant responsibilities, etc.

Many millionaires keep rolling deals forward to defer taxes indefinitely.Capital Gains Treatment – When sales do happen, long-term gains are taxed at lower rates (0–20%), and depreciation recapture is 25%—still less than top ordinary income rates.Add these together, and you can see how someone with millions in real estate activity may show very little taxable income even though they’re cash-flowing like crazy.Caveat: This doesn’t mean it’s easy or risk-free.

Finding deals isn't really that hard, it's more an issue of so many newbies, even those with 5-10 years of experience, NOT knowing how to find them in today's market.Many investors were used to be able to find deals on the MLS and haven't adapted.We can find deals fairly easy...

What companies look for:Fully furnished, utilities + internet included.Flexible lease terms (30–90 days, sometimes 6 months).Easy parking and proximity to major employers.3.

yes, very easy to open landlord/tenant account, just put the money there and that will save you a lot of headache. 

It's the perfect way to quickly learn actionable steps for newbies.To ensure you're making the best investment decisions, a Pro membership offers unlimited access to our deal analysis calculators, making it easy to check every potential property if it's profitable or not.

Mapping it out is easy using the lot size, sqft, bed/bath count, property type, local rents, and location.

I’d suggest keeping an eye on neighborhoods near Purdue as well as areas with easy access to major employers as they both tend to attract stable tenants.