Show127: The 1% rule, creating an LLC and other tips for investing in rental properties

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Investing in rental property definitely has its advantages.

But the problem is that there is a lot to learn.

Not only do you have to figure out where you want to invest and what types of returns your looking to make on property, you also have to pay attention to things like financing options, taxes, condition of properties, and more.

So I would recommend to anyone looking to get started with investing in real estate...

...don't jump in blind.

In fact, take time to really get to know the various facets of investing.

Because it's your hard earned money that you will be investing.

And you want to make sure that you are making a great investment.

In this week's episode, Kirk and I cover some hot questions that have been asked recently by members of our community.  We break down each question and share our insights from building our rental portfolio over the last few years.

We are on a mission to help regular people, who may have no experience or background in real estate of finance reach financial stability and flexibility through real estate.

 

In the show we answer these questions:

  • I'm 51, is it too late for me to get started?
  • Do I have to follow the 1% rule or will I still be ok as long as I cash flow positive?
  • Should I create an LLC or title newly acquired properties in my name initially?
  • How to find deals in a small, competitive market and what are some good markets to invest in outside of my area?
  • and more...

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Links Mentioned in the Show

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