This deal came through a direct seller lead, which we negotiated quickly and efficiently.

For multifamily deals, positive cash flow often comes from finding under-market rents where you can add value through light improvements or operational efficiencies.

While I’ve been managing my own taxes since college, operating three different properties warrants the expertise of a CPA to ensure efficiency and compliance.

Do that before you spend any energy trying to kick him out.If he hasn't paid rent, you can call the police and have him escorted from the property. 

The 8 unit has required more time and energy because it had been poorly managed for years.

That's a great problem.I'm not saying don't be efficient with it, I'm just saying don't make investments or bad one's based off of taxes.

Quick tips…✅ Everyday Homeowners - track all home improvements as you could qualify for energy efficiency home improvement credit - new exterior windows, new central A/C, new hot water heater, new insulation material.✅ Investors - Keep detailed records of ALL rental property expenses to reduce your taxable income - helping your CPA spot additional tax saving opportunities.Imperative to use a CPA who is well versed in Real Estate tax code.My CPA is just that - DM me to get his contact information....

Neutral colors work well, and energy-efficient upgrades not only attract buyers but can also qualify for tax benefits.

We serve plenty of flippers/wholesalers who make around $500k/yr and some are higher.Once your salary is replaced (or a good portion of it), then stabilize the flipping/wholesaling with a great team so it doesn't require as much of your time/energy.

But always keep your core values front and center.I’m curious... now that you’ve got this momentum, what’s the next step you’re considering to deepen those relationships and keep the positive energy flowing?