@Fulati PaerhatiA 1031 exchange is a powerful strategy to defer capital gains taxes and grow your rental portfolio.

Specifically, I’d love to hear about best practices for managing shared spaces, screening tenants, and setting up house rules.Additionally, I plan to split the utilities among the tenants—any advice on how to handle this efficiently would be greatly appreciated!

The easiest solution to combine your two Stessa accounts would be for you to add the email address you have associated with BiggerPockets as a collaborator to your already active Stessa account.Then log in with your BiggerPockets credentials (as that collaborator) and it should upgrade your Stessa account.Here are some easy steps to follow: https://support.stessa.com/en/articles/2105533-the-power-of-portfolio-collaboratorsIf this does not work, please message [email protected] and we can work with Stessa directly to get you set up.

From my experience, you can use that savings to house hack with an FHA loan, invest in a turnkey property in a more affordable market, or even partner with others to expand your purchasing power.

Please know that I will do everything in my power to help you and turn your experience around.Hi Tyson,Thank you for chiming in since I use Rent Redi.

➡️Harness the power of branding and marketing.

Very powerful strategy.

This also gives me solid staying power when maintenance costs arise. 

Private lenders are certainly an option but a fund structure would be much more efficient and scalable. 

Start by leveraging your skills to identify undervalued properties, perform cost-efficient renovations, and build sweat equity.