Pair these steps with robust tax planning to manage profits and losses effectively while aligning your portfolio with long-term goals.This post does not create a CPA-Client relationship.

Please make sure your losses are not limited under PALs.This post does not create a CPA-Client relationship.

Do you develop relationships first or do you put in the work on bring the deal first?

He is an electrician and lost money that had a big impact on his life, set his family back a few years financially, prevented them from being able to buy the house they wanted to for themselves to live in, caused a lot of stress in their relationship etc.

It’s also a more intimate relationship.

When I go into a market I typically build relationships with wholesalers and do my own direct to seller marketing.

Those are the ones you should reach out to and build relationships with.Do these things and you won't have to wait around for people to contact you.

Having a great relationship with tenants also helps a bunch.

Choosing between these depends on your financial goals and risk tolerance.This post does not create a CPA-Client relationship.

Maintenance and Repairs: Property managers have established relationships with contractors and vendors, ensuring timely and cost-effective maintenance and repairs.