Most professionals will recommend a separate LLC for every $1 million in assets but I don't think that's necessary.

But each transaction is a roll of the dice, and as any gambler knows if you continually “double down” it’s just a matter of time before you lose your “stake”. 

Build a Strong Team and DelegateAs you grow, it’s critical to surround yourself with skilled professionals who can take on various tasks, allowing you to focus on high-level strategy.

Get 100 hours of participation to become a real estate professional.

Pay for professional advice and advocacy when needed.Support each other - you WILL get through this.

Of course Gene,Your losses offset your gains.You can even carry losses into future years.Please consult with a tax professional though ;)

Hello Bigger Pockets folks,I’m an early career professional mechanical engineer (~8 years) hoping to learn the ways of real estate investing and make the ultimate pivot.

Readers should seek professional advice.

If you are a landlord I would strongly recommend that you seek professional property management solutions elsewhere or fully be prepared to chase down your property managers for their services.

I'm a long time professional property manager and I'm not afraid to deal with delinquency or other legal matters myself, so I only pay for the services I want, like screenings and the tenant payment portal.