Digitize physical receipts for easy storage and use a consistent naming convention for easy sorting - 2024.03.25 Home Depot.Maintain proper records, such as contracts, settlement statements, and promissory notes.Additionally, you can track income and expenses consistently using software or spreadsheets.As you scale, if bookkeeping isn't fun, consider hiring a bookkeeper for a couple hundred bucks per month.

Most people on here are just planning accordingly long term but looks like you’re trying to fast track yourself out of this debt and get back on your feet.

I stopped paying the 1%+ and my principal finally started to decrease, significantly.My suggestion is that you ask brokers for recommendations that are in the area where you are purchasing your property and keep calling banks and save thousands of dollars you can use to invest for your next purchase.Two things:  Your broker wasn't getting rich on a 1% commission and the 1% you paid to your broker didn't keep your principal from decreasing; it was probably the cash out he got you (and at a higher LTV than the bank would lend you I might add).Banks and brokers each have a place in the lending arena.StephanieMy broker got rich just from my investments and he was purchasing more multi-unit properties that myself.

You could easily buy land that is zoned for multi-family and find a lot where you could build 4-8 townhomes.

I've taken a couple real estate courses but Big Pockets is the best and I have been binge watching for the last 2 weeks and im super excited to start investing im looking to do the Brrrr strategy and looking to pick up small multi family properties and possibly off market flips. 

I bought my first Multi-Unit (Duplex) and I'm gearing up to find my first SFH/Fixer Upper so I'm trying to build my list of resources for available properties in Atlanta and surrounding areas.

I’m a new investor and looking to invest in a small multi family.

Commercial loans are also tracked. 

:@Roland Brown Looks like it was updated 3 days ago...He just cruised through 6 months of collecting rents without any unanticipated expenses.basing an investing decision on the first 6 months of history is going to get a lot of people into some major heartache.. this is why professional that buy multi always want 2 to 3 years of tax returns to get a REAL understanding of how a property is functioning and you have some history to average out your highs  ( like right now) and your lows  ( when you have move out and turn over)

The main reason is people get massively stressed and fear a multi-million dollar settlement and so agree to settle for a few hundred Thousand dollars.