We use a third party servicer to do all of this - much easier and when starting just tracked payments in wuickbooks as servicer tracked everything else 

Being clear about what you want to do from the start not only helps you stay on track, but it also makes it easier to spot problems or delays before they happen.I totally agree that talking to people is important.

Making money in real estate requires experience and starting with no or little money makes you study harder.As much as most of us probably wished for it, getting started with a lot of money in your pocket is a recipe for disaster: the temptation is to make the deal work by throwing money at it.If you want to go into real estate go with a syndicator with a good track record.

If she is getting close enough to thinking that there will be an income disparity, she will stop at nothing to compel my husband to provide income documentation.All finances are joint except for the rental, which I keep rents for in a separate checking account and track spending for.

House HackAttend as many REI meetups as you can to grow your network of investors for referrals, help through challenges you may incur but don't have experience with, and learn from proven guest speakersNetworking app like blinq to compile all of your contacts for REI in one area with phone and emailbegin conversations with local credit unions exploring what type of loan products they offer

I'm very new to MTR and investing in general, but I'd like to know if even close to being on the right track!

Real estate prospecting is a numbers game, so the key is to keep reaching out, tracking your progress, and refining your process along the way.Let me know if you’d like to brainstorm more ideas or chat about prospecting strategies!

How much are you being quoted upfront  Hi JonathanFrom what I managed to understand from reading countless BP posts and online, WY LLC have a unique blend of benefits that are favorable for R.E investors who are sole propietors.But I am happy to be proven otherwise if you have recommendations.

Hey, congrats on finding a potential flip—it sounds like you’re on the right track!

I dont think Don or Chris particularly are hurt with this as they have long standing and loyal client bases and it wont affect me personally either but it sure does handicap others wanting to get started who may not have the long successful track record .