But, excel is totally fine in the beginning (in addition to your PM software to capture transactions outside of the properties).We use QuickBooks Online exclusively for all of our REI Clients.

Other ideas that have captured my attention are finding a 4 bed/1.5 bath house that has room to add a stand up shower to make it a proper 4/2. 

There's really just not a heavy demand for DIY home buying, which is essentially what all of this comes down to - cutting the fees and services offered to buyers and sellers in the hope of capturing market share from traditional agencies.

Might as well regulate the Tooth Fairy or the Easter Bunny.But I believe you have captured the essence of the fad called crypto… “postmodern pyramid scheme”.Well said Mr.

If you’re close to $150,000 in AGI, a few ways you can bring that down AGI is by maxing out a 401k traditional ($23k for 2024 tax year), maxing out your HSA ($4,150 for 2024 tax year), and if you have any capital losses from stocks (up to $3k per year), I would encourage you to have great bookkeeping to ensure you’re capturing all of your deductions appropriately on your rental property.

However, there are some bridge loans that help owners capture some of their equity to buy a replacement property, while listing their current home for sale.

At this stage, I’m planning to rely on the lender’s appraisal, though I’m concerned it may come in just above the asking price rather than capturing the property’s full potential.Has anyone encountered a similar situation?

Given your stage of life, this could be challenging but worthwhile if you’re confident in handling the stretch.Sell, and reinvest in cash-flow rentals: Using part of the equity to generate cash flow with out-of-state rentals could create a retirement income stream now while still capturing SoCal appreciation.

The more people you meet, the greater chance you will find new cash buyers.Online Lead Capture FormAnother way to find cash buyers is through online lead forms.

You are free to run your business however you see fit, as long as you are respectful to your property manager and not bugging them about every little thingYou are the CEO, the pilot of the plane, the head chef, the one in charge.