If so, invest.Then, ask yourself does this property provide the characteristics you need for it to give you your return-- location, rental demand, buying demand, physical structure, etc.

Kate I see Avalara but from looking at their site it is not clear if they are actually making the payments or are they just helping you figure out the amounts to remit?

Their focus is actually to buy rentals for people that already have money to invest, I had to go around asking about wholesaling. 

And yes, 1,000%, if doing self-managing you should not work for free and need to be allocating some rate for self. 3) That is actually accurate in this instance.

Although you are a new investor, you actually have more and better options than seasoned investors.Id they need a second parking spot , rent that to them also.

Pete, try looking at cities within an hour of those areas.Lately, I’ve actually been seeing more properties hit the 1% rule, which hasn’t happened in a while.

New inventory and relisting rates have actually declined month over month which is allowing to pricing to remain elevated.

@David R Pustelnik yikes on the actual cashflow!

We certainly did not net 1 million this year but we did okay and actually had our best year.

Digitize physical receipts for easy storage and use a consistent naming convention for easy sorting - 2024.03.25 Home Depot.- Maintain proper records, such as contracts, settlement statements, and promissory notes.- Additionally, you can track income and expenses consistently using software or spreadsheets.If you track everything, you could show a loss and use that to offset other earned income (such as a W2) which will net you a bigger refund.