Correct - owning the property in an LLC or in your personal name will not change the characteristics of the income.

A duplex in an A/B pocket can work really well, especially with the hospitals and corporate traffic in the area.

Columbus is also experiencing strong population growth, job growth, and big corporate developments from Intel, Amazon, Google, Facebook, Honda, Microsoft, LG, and more, which keeps rental demand high and appreciation potential strong.

This is the hallmark of a corporate operation that loads its rate sheet with margin and then cuts the margin to win deals as necessary.

Thach & Stephanie are the real deal.Most of us invest in real estate to create wealth: more income, tax breaks, more time doing what we want to do, etc.I joined Springboard to Wealth in May 2021 with the goal of learning how to be a better investor & agent, and with Thach’s 25+ years of experience (at the time), local to Seattle, and one of the only true BRRRR investors & mentors it was clear he would be someone to look up to and learn from.So while you mostly see Thach influencing on social media from all his success in real estate, don’t discount Stephanie’s background as an experienced therapist because she’s a silent killer investor herself and with their combo, you not only learn how to invest in real estate, you also learn how to master your mindset, your money, your relationships, etc. opening up life’s abundances.They say you’re the average of the 5 closest people in your life, and I’m grateful to have made so many close friends from springboard, it’s truly a family.

For someone new, turnkey properties can be a good way to get started, already renovated, in solid neighborhoods, and can generate steady income from the start.

But I think thius is the context when you discuss housing affordability, you really have to look at wages and corporate profits:We are living in times where money is automatically flowing to the upper end.

I always recommend we carry liability protection that at least matches the value of the assets that any lawyer can easily find to ensure that the insurance policy is the first line of defense rather than liquidate assets to pay for a settlement.Of course, if you can separate the ownership, it becomes more complicated and harder to "pierce the corporate veil" to drag other assets you manage into the mix.

Quote from @Steve Wilson: I'm getting ready to start investing in the Port Huron market in SE Michigan and had a question about depreciation; I spoke with a CPA who told me that unless I'm a Real Estate Professional, I can only use depreciation to reduce the taxable income from my investment property, whereas Real Estate Professionals can use their real estate income to reduce the taxable income from their W2 job as well.

I know this is not REI, but this passive oil/gas fund was recommended by a RE syndicator/fundraiser. I wanted to share my experiences and see if any other BP members wanted to share input or notes. KING:I invested wit...