Stay informed about industry news to remain aware of changes that could impact your investments.Finally, be prepared for risks.

If you aren't prepared to deal with very basic things you should re-evaluate your situation and work to get prepared or hire a PM.

You have $606 after tax dollars to spend on the rest of life's expenses, including investing, buying flowers for your significant other, cell phone bill, water/electric/vehicle expense/food/childcare/hair cuts/vacation. 

But if you think at $900K is a price point that you can get it, and you have the finances, don't make a big issue about and ask your agent to prepare the offer and send it right away. 

My priority these next few months is to connect with experienced RE agents and investors to learn the nuances to prepare and capitalize accordingly.

Hey BP Community,I’m curious about how much other real estate investors are paying for their tax preparation services and accounting.

The complexity of your tax return preparation will depend on the type, the size and the use of your properties.

I'm prepared to pull the investment trigger when my money is in line with that, but learning along the way while I get that side in order.

I'd rather have investors be prepared for the worse case (long hold period), just in case we have to hold for that long to achieve returns. 

You can never be too prepared - have reserves and back up plans for everything.