Ideally, meeting with clients at least once to twice a year if their situation warrants it, especially if they have real estate professional or STR loophole. 

I find that it's almost a one stop shop in that I can use it for my business checking and savings accounts, bookkeeping, for rent collection, I can issue virtual credit card, I can create all the financial reports I need to run my real estate business and prepare for tax filing and through their partners I can vet my tenants, develop state-specific leases and more.

Why have you decided on multifamily versus other real estate strategies?

@Jordan BrownWith $50,000 saved and no debt, you have a strong starting position for real estate investing.

We're in the business to make money right?

The affordability and cash flow potential are real, but so are the challenges.

It’s harder to BRRRR in the Tulsa area now due interest rates, you definitely have to buy at a great discount in order to be all in low enough toget all of your money out and the rents have to be high enough to still cash flow after all expenses (PITI, Mgmt, Vac’s, Rep/Maint, CapEx, HOAs, Util).Based on being “all in” $120K in order to BRRRR and still cash flow at least $300 mo:$120K cash out amount - at 7%/30 yr ($150K+ ARV)PI = $800 mo + Taxes $150 + Ins $150 = $1100mo PITIRENT would have to be at least $2000 mo- $1100 PITI- $200 mgmt (even if self mng, it’s exp for time)- $200 vacancies- $200 Rep/Maint & CapEx= $300 mo cash flow.

My name is William and I'm a new wholesaler in South Florida looking to make connections with other real estate investors in my area.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Move the money in and out as tenants move in and out.You need two accounts: checking and savings.