The main reason is that it is not initially set up for a Real Estate business like other “real estate-specific” accounting software.

If you can secure favorable terms now, the future development opportunities could offset any initial cash flow challenges.Communicate Flexibility: Approach the landlord with an open mind and emphasize that you’re willing to work with them to find a mutually beneficial solution.This isn’t a fantastical idea at all—it’s a creative opportunity that could work with the right approach.

Could seller finance (not recommended) to reduce initial burden and spread it out over time

They ended up costing me a few grand, so much wasted time, and the terms are not even close to what they initially told me.

However, the higher initial investment, property management complexity, and potential vacancy risks can be challenging.

We have several 8 year properties that the tenants have paid 100% of the initial purchase price of the property.

The great thing about BRRRR is that it allows you to keep recycling your initial cash, which makes it easier to scale quickly while building cash flow and equity.Flipping homes, in my opinion, is more of a job than an investment.

I was initially drawn in by the low fee, which has since fluctuated, but may still be the lowest out there.

.- Tenant submitted a work order for low water pressure in 2 bathrooms- Tenant submitted a work order because the garage door doesn't close all the way and left a 2-3 inch gap at the bottom- Owner initially refused to address either work order- Owner demanding the tenants place furniture pads on each piece of furniture- Owner calling multiple times to speak through the work orders, asking when they've been scheduled, calling a couple days later requesting the invoices- Owner calling because they want to access their storage in the basement so they can remove several pieces of furniture being stored- Owner now emailing requesting multiple property inspections throughout the lease cycle- Owner questioning my experience and relative PM knowledge because I'm not following up with her in a timely manner (the following day after the work order)Keep in mind, this is 2 weeks after the tenants had moved in and the tenants are very happy in the home.This is something we see on a regular basis.

However, because the Department of the Treasury recognizes that reporting companies may need additional time to comply given the period when the preliminary injunction had been in effect, we have extended the reporting deadline as follows:Reporting companies that were created or registered prior to January 1, 2024 have until January 13, 2025 to file their initial beneficial ownership information reports with FinCEN.