One bit of advice I heard somewhere is when you're dealing with tenants, act as if you are an employee of the owners of the building or a management company. That way the tenant won't get in your face when something goes wrong. And they won't be calling you at 2:00am to fix the toilet! Sounds pretty good to me.

The way I learned it is unless you are huge with a lot of employees and huge income, a C-Corp is not really workable because you'll have to pay double taxes - corp tax and individual income tax. You're best bet is an S-Corp as a holding company for your long term investmenst and then put your LLCs in it. Your LLCs are for ...

Hello Ladies   Ever since I was in high school, (several decades ago) I knew that investing in real estate was the only way I'd ever have any real money. Since the early '80s I've been buying real estate education books, tapes, seminars etc and never have bought a property. (Except a couple of worthless vacant lots one ...