Avoid basing it on uncontrollable factors like taxes or insurance.

Pay the bill yourself, then reimburse yourself by charging the tenants based on a formula.

🙏☺️ I completely understand where you’re coming from & you’re right that owning real estate is a key step toward truly being an investor.I’m still new to the game, but I have a solid plan in place to move toward ownership & establish myself as a real estate investor.

Ive known Dave for years now, and the one word Id use to describe him is Integrity.

It can simplify end-of-year paperwork, but you’ll want to confirm the details with a tax pro.3.Long-Term Game PlanPaying out of pocket and keeping your medical receipts can be a great strategy.

I'm new to the real estate game and have heard a lof of good things about Propstream and Dealmachine.

Additionally, while rates aren't historically bad right now, they are higher than 4-5 years ago, and they will be even higher for you as an investor than they were as an owner occupant, which is what you were when you bought originally.I get that you are anxious to add to your portfolio, but that could be achieved without touching your first golden goose.Sometimes on BP, the push is to leverage every last spare penny, but that can be a risky game as the markets shift. 

Good word, Peter!

I am a little late to the game and have been told several times throughout my adult life to invest in real estate, but I ignored the advice.

It's simply a numbers game.