Look, to simplify let's change this to hamburgers and look at it that way. 

This approach significantly reduces my workload and simplifies budgeting.However, I do have a six-plex where I cover the water expenses.

If the software is not simplifying your life or making you more accurate, you shouldn't use it.

It means doing local maintenance in case a cord is damaged, but simplifies things for the tenants with reserved parking spots.

I created the following decision tree to simplify the process.Ultimately, the decision to use a 1031 exchange or refinance and take out equity depends on your individual circumstances and investment goals.

Installing effective software for simplified documentation is critical for organizing and managing the massive amount of data involved in the due diligence process.Physical property inspections and unit walkthroughs are equally crucial as financial due diligence.

I am glad to compare this to other training courses and master minds, the training is a tool, and like any good tool it doesn’t do the job for you is simplifies the job.

For me this involves making a lot of spreadsheets, but I will give you the outline.1)Establish risk capacity and tolerance: Capacity=how much can you afford, and tolerance=what you actually feel safe spending2)Use that information to narrow down what is available to buy: The amount will buy you a duplex in PB with 2 1/1's, will also get you a 4plex in Lemon Grove with 4 2/1's3)From there do the research on all of the available units that fit your criteria: This includes, but is not limited to, historical data on appreciation, market rents, historical rental data, and migration trends.4)Don't be afraid to wait for the right propertyI hope that I was able to simplify my process for you in a way that is helpful.

I also plan on creating a phone app this year that further simplifies the sytem.

If the software is not simplifying your life or making you more accurate, you shouldn't use it.