The only part that Property 1 pays on that loan is the escrow for property tax & insurance for Property 1.Thank you for your insight.You need to look at purchase price to determine cost basis, not how you financed the purchase.

Work with a CPA for tax strategies, leverage each partner's strengths, and keep communication open while maintaining detailed records and hiring professionals to streamline operations.Good luck!

Correct - Track all your income and expenses.The bookkeeping will determine whether you are profitable or not.it will also be good to compare from year to year your income / expenses to see what expenses you can potentially try to limit.I.E.

Going to the events page above and seeing who is hosting meetups along with connecting with people at these meetups is a great way to grow your network of people within a small 25-50 mile radius.

Similar to my message above to Hanon, we've made great change to give clients a better experience.

You must know how to differentiate between the two.It's sad to say, most realtors are clueless to this fact. 

This also leads owners to ASSUME simpler is better when it comes to management contracts.

In making this post here on BP, I wanted to humbly come to the forum however and start from scratch in terms of idea generation as to any and all avenues to pursue in getting the word out there so as to not miss any options.

The rental market is pretty rough here in the Austin area due to a glut of supply.

Everyone completes an application...don't you want to know who will be occupying your property?