Values on the adjoing subdivision will probably go down, due to the increased traffic, noise involved (there will probably be live entertianment) fights in the parking lots etc.

We are still new to the investing thing and looking at getting more involved in it.

However we are also all about disclosure and don't have any hidden fees , upfront fees, or back end charges.There was a local mentorship program in our area, where experienced investors worked with students.

Lots of husband wife teams could have much lower overhead than a company with 8 others involved holding more properties.

Just a Brian said...Also, keep in mind that an LLC can be taxed exactly as an S-corp if you make the appropriate election.And Minh's point is why you should have a CPA involved -- your CPA can help guide you to how much is appropriate to pay yourself as salary vs dividend.

Does anyone have any programs that work for them?

Land is a different sale than SF homes, and usually involves a different buyers list.

For those of you that own in Section 8 type communities- has anyone been successful in converting tenants to this subsidy program?

Since this is from your father, if any claim arises you'd have to sue your dad who would then make a title insurance claim to defend your suit, and that would have issues being related but sometimes not, depends on the title insurance companies involved.

I think you're better off not going the 3 stories, due the added cost involved, and probably not as attractive to tenants.