Good LuckTypically multifamily is 5 units or more and Single Families are 1-4 units, so I was confused, so thanks for the clarification  Actually, that part is only half true because there are additional criteria that need to be considered to be multifamily vs SFR, such as separate utilities, heating systems, how they are attached to one another (Vertically vs horizontally), etcan easy way to differentiate and communicate is to call it multifamily if it has more than 5 units. and Single family for 1-4 units or call it how it is duplexI own several duplexes that are considered single-family homes by the city.In the end, it is your decision on how to use it

Utilize Excel spreadsheets and attend local networking events for valuable insights.

I've been advised by a local investor to look off market and utilize seller financing as I don't have much capital to work with nor the 2 years of employment records needed for a bank loan.

You can decide to utilize those funds to pay it off once you have that much or buy more property with it, especially if we get a recession where cash is king.

Util they in the last 2 weeks got us figured out and helped I had varying degrees of being blocked.I'm using creativereireply.com a new super set of reireply.com.   

I understand certain neighborhoods in America will be heavy to section 8 and its preferred as the market tenants tend to not pay .

The best one is the one that utilizes your strengths to maximize returns.

I have a few questions and I will definitely be seeking professional guidance as well, but wanted to throw this out in the forums.Background:  I have just opened a single member LLC.  I have a personal HELOC on my pri...

I know there are a ton of features I don't utilize personally, I mostly use it just for tenant application and screening process, and then for rent and fee collection In my personal experience here's my pros and consPros•Had a template for screening questions on the application so I didn't have to think of things to ask myself•Handles rent collection easily and for only a $1 fee to my tenants for ACH transfer which makes it easy for both parties•I can set up all rent and fees at the beginning of a lease term so it's set it and forget it for me•My tenants have said setting up auto-pay was easy and I like to make it as easy as possible for them to pay me!

Depreciation is valuable to investors with taxable income, but in a Roth IRA, any income or gains are already shielded from taxes, so the benefit of depreciation deductions isn’t needed.As for shifting depreciation to another partner in a syndication, the IRS generally does not allow the reallocation of depreciation solely based on which partner can better utilize it.