No.3 is gold. Cap rate is far superior to comps. Also cash on cash return is key. On multi-family right now, the interest rates for financing are higher than the market cap rates. That has not happened for a very long time. Prices on those assets have to come down and there will be opportunities if you find the right deal. Thanks again for your final thought. In real estate, cash is not king. Cash FLOW is king!!
Thanks Toby! So if I’m just starting out, say I want to do short to long term rentals. Should I make a holding Llc first in Wyoming? And then separated Llc’s under that holding company for each property? Can I open Llc before I buy the property and when I buy, I buy as an Llc company, not my name. Do you have a starting point? Thanks 🙏
It really depends on what you have and how many properties you plan to own. As a general matter, it makes sense to close directly in an LLC whenever possible to keep your personal name off the chain of title and minimize disclosure and liability. The holding entity can always wait unless you are looking for anonymity.
straight and to the point. thanks.
No.3 is gold. Cap rate is far superior to comps. Also cash on cash return is key. On multi-family right now, the interest rates for financing are higher than the market cap rates. That has not happened for a very long time. Prices on those assets have to come down and there will be opportunities if you find the right deal. Thanks again for your final thought. In real estate, cash is not king. Cash FLOW is king!!
Thanks Toby! So if I’m just starting out, say I want to do short to long term rentals. Should I make a holding Llc first in Wyoming? And then separated Llc’s under that holding company for each property? Can I open Llc before I buy the property and when I buy, I buy as an Llc company, not my name. Do you have a starting point? Thanks 🙏
It really depends on what you have and how many properties you plan to own. As a general matter, it makes sense to close directly in an LLC whenever possible to keep your personal name off the chain of title and minimize disclosure and liability. The holding entity can always wait unless you are looking for anonymity.
Do you like condos to buy?
Not often. Hate the condo associations.
@@TobyMathis ok... I like your infinity investing, started selling covered 📞