I’m looking forward to learning and building relationships within this space and beyond.I’m so excited to start this new journey!

As your portfolio grows, an LLC can streamline management and enhance liability protection.This post does not create a CPA-Client relationship.

We always get that permission in writing, though, to cover our bases.All in all, I recommend nurturing these relationships as these are among the best clients to serve in the MTR space.

Create a relationship and show that I am eager, hard working and committed.

I have kept track of all my expenses in an excel sheet/word document but feel like there may be a more organized and efficient method to tracking?

You can do your banking there and begin a relationship with a lender that finances your real estate investments.

House hacking is undoubtedly an excellent way to embark on your real estate investing journey.It can significantly accelerate your path to financial independence.

I wanted to see if there was anyone out there that has used Microsoft excel to keep track of the ROIs of there properties?

If you have a relationship with the seller, if the property is fairly priced, if the seller is motivated, and you identify it as a deal, then you can send an LOI after the first call.

Doing nothing may be correct for one person, and engaging in a complicated entity structure may also be correct for another person depending on the situation.Each real estate investor/professional has different risk tolerances, different levels of savvy, different abilities in terms of bookkeeping, different estate plans, if one has an estate plan at all, and different relationships.