Penciling, comping, and closing deals come easy to me, but now I want to further challenge myself and increase my net worth to pass on to my children by getting into multi-family development.Who I want to connect with- Other DevelopersI want to understand how you are capturing these opportunities, penciling them out, and managing these projects from the ground up.- LendersI want to find a lender that I can rely to provide me a steady stream of debt and who I can show they can rely on me to provide them a good return without dealing with any surprises on my end.

Supposedly its the formula to capture both cash flow appreciation.

Hey mate,Welcome to the BP forum.You and @Jackelyn Lee are smarty pants heheI quit school at 14 and I'm a two finger pecker typer 🤓My team laughs at me for looking like a Teppanyaki chef throwing rice at someone when I type.Biggest message for you is to always keep the dream alive and to keep pushing forward.There are many unsophisticated folks out there like myself and I'll be cliche and say "if I can do it, anyone can" hehe.What one lacks in talent, has to make up with effort.I've only known one way and that is to put my head through the wall.Many others will just open the door and get to the other side lol.Not me tho ehhhYep, neck is always sore but we keep pushing forward...Wishing you much success with your real estate endeavors 🙏

Expense tracking is high on the priority list with the ability to capture receipts at the time of purchase with a receipt scanner.

The remaining depreciable basis will be captured over future years.

SMS marketing, rvm's, twilio integration, unlimited funnels and capture page's, recorded calls, and you can cold call directly from the platform. 

@Mauricio Duarte I don't recommend using Expense screen to view all your expenses since that may not capture all transactions, ie. refund from store processed as deposit or journal entry.

But, Excel is totally fine in the beginning (in addition to your PM software to capture transactions outside of the properties).We use QuickBooks Online exclusively for all of our REI Clients.

Buy the rock solid rental and get your appreciation, cash flow, depreciation, principal pay down, equity capture on a discounted by and forced appreciation gain for a well targeted rehab.  

If you're not sure whether you are appropriately capturing costs for a property, the forums are a great place to get a second opinion.