When a tenant moves out, transfer the deposit back to Checking so it's ready to apply towards expenses or refund the Tenant.If you end up with excess funds in the Checking account, I recommend you transfer it to a third account designated explicitly for future investments.

experience: I’m on my 3rd flipage: early 40sday job: brand and web design/development retirement savings: noneI want to learn about buy and hold to secure having SOMETHING for retirement!

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

I'm currently building my team with Tax Advisor/CPA, RE Attorney, REI friendly agent and designer first on the list in that order.

I love this architects designs for cottages and pocket neighborhoods, but this concept is something entirely different.

In tip top shape both in the mechanical systems, design, and upkeep2.

The program is designed to assist low-income families, and these benchmarks might exclude a lot of qualified people.That said, the requirement for stable rental and work history is reasonable, but you might consider relaxing the credit score or income requirements since Section 8 guarantees a portion of the rent.

Study every deal, know the comps, and learn the trends.

Quote from @Rene Hosman: Quote from @Caleb Brown: I am a numbers guy so being able to look at trends, numbers helps me stay accountable.

I've been working in this space for a while, so I can definitely share some insights, tips, and even some lessons learned from my own experiences.Whether you’re curious about neighborhoods, market trends, or just how to navigate buying, selling, or investing here, I’m happy to chat.