Tech entrepreneurs and high-profile professionals are transforming the state into a new haven for luxury living.Austin: Known as the "Silicon Valley of Texas," Austin has seen an impressive increase in demand for luxury properties, largely driven by the arrival of tech giants like Tesla and Oracle.

We currently have 105 units and are using a variety of excel, google docs/sheets/calendars, apartments.com (ads and rent collection), docusign and QuickBooks online (which we would like to keep). 

Sure that's fine but.... the owner said he used multiple bank accounts to collect rents and thus can't provide the 3 years statements since they bought 2022 so not 3 years.

Rent collected way under fees paid lease, extra utility charges to me, management fees, taxes, insurance,  do not even come close. 

This LLC does not own property but it manages the properties collects rents etc. 

You constantly need to refresh creatives due to audience impression fatigue.

But very unlikely with W2 income and a full time job.But this is an awesome concept as you could basically collect rental income for several years and never be taxed on it due to passive loss carryforwards if those build up. 

Congrats on owning 6 doors, —20 doors is an awesome first goal, and 100 doors is even more impressive! 

This is neighborhoodscout stats- since 2000: 287.98% or 5.75% annually which is 10/10 nationally- for last 10 years: 125.30% or 8.46% annually which is 9/10 annuallynot bad but not that impressive until you factor in leverage.

Hey Patrick,That's awesome — —sounds like you and your wife have built an impressive portfolio!