You need to know how to analyze property and then systematically evaluate property on a daily or weekly basis to stay on top of the market. 

I do it on the daily for buyers from all over the US. 

I've done this before and made it a small daily penalty/bonus amount. 

Had a newbie client that bought 5 SFR rentals and called us 3-5 times daily.

Often you are getting a pretty sizeable discount for your efforts, resulting in both captured equity and cashflow.The best ugly properties go quickly, so when I was looking, I got in the habit of searching daily.  

They did not make me aware of the daily compounding interest this would cost me.

It is virtually daily that i see purchases or considered purchases that appear to have no path to success.  

But there is no black and white guidance that I could find.And, in conclusion...1st conclusion: no FICA until the child's 18th birthday.2nd conclusion: tax law is muddy (I would add two capital letters, but it's a family-friendly forum)3rd conclusion: pay your CPA, we have to deal with it daily, and it takes skill

I can't post much publicly due to BP's self-promotion rules, but if you have any questions, send me a message, or reach out to our support team who would be happy to help.We have almost half a million users using our platforms daily who absolutely love them.

If you want a quick reality check on anything 'big ticket" event you are looking to attend or invest in real estate, try this simple exercise.