Managing money might not seem as exciting as closing deals, but it’s one of the most crucial aspects of running a successful real estate business.

My experience indicates that solid due diligence upfront on the economics is the critical factor, the tax aspects often take care of themselves with only modest planning.

I would love to hear from anyone with experience navigating these aspects of a coliving BRRRR strategy!

To help you, we have developed a simple tool for gauging your emotional response to some common aspects of rental ownership.

State's differ quite a bit not just with their laws but with how certain aspects of a sale are customarily handled.

Once you do this you will start to see the correlation between different aspects of a deal.

Yes, someone ONLY focused on MORE cash-flow can have tunnel vision and ignore other pertinent aspects of investing, BUT the 1% rule has noting to do with ONLY focusing on cash-flow.

When it comes to selling properties, I firmly believe in maintaining transparency throughout the process.Let me share some insights and experiences regarding this important aspect.● Resident Impact.

Hey @Joseph Chacko vellukunnel,I think @William Kwong covered some great points especially with the financing aspect.

I really like the all aspects of it as an investor with property managers for my properties, and it doesn't hurt that it's free since I'm not that big.