You can BRRRR the deals that make sense and sell the rest.

Wouldn't hurt to consult a tax pro just to make sure there isn't a more tax effective strategy but I don't think lending provides any tax shelter.

They are the ones responsible for your actions.In TX it is a one page form we are required to provide at the first substantive interaction. 

I always found QB to be clunky, not user friendly and just kind of overkill.

Apply the 50% op ex rule to the $120,000 which yield $60,000 in operating expenses.

Reliable and ConsistentThey show up when they say they will, stick to the schedule, and follow through on their promises.

Hey guys,  Im thinking of shifting my traditional checking/saving account and mortgage to a manulife one account which my broker has suggested so I can be ready to pounce on a house and properly conduct the yellow letter direct marketing offering cash when they want it. 

The reality is real estate isn’t just about appreciation and cash flow—it’s also about survival when things go south.Many new investors operate on razor-thin margins, believing that rental income will always cover their expenses.

Quote from @Scott Petty: @Dean Attali I just came across your post.

I am not the expert, but just from talking with people and seeing the posts pitches from wholesalers.