I think having a balanced budget would be ideal where you allocate money into buying another property and money set aside for renovations.

Did you set out to retire with real estate, did you have a goal or an amount you wanted to make?

That's why I'm focusing on education first; I want to set a strong foundation before making my first deal.Apologies in advance-I'll be asking too many questions, just to warn you-but I really feel delighted to be aboard, learning from each and every one of you and subsequently sharing my own successes.

If you control how they perform tasks, set their hours, or provide tools, they should likely be a W-2 employee, requiring you to withhold taxes and comply with payroll regulations.

It seems to me though your short term objective is to get the HOA to take immediate action on the roof.

Tons of returns set this system off: errors, no income lots of expenses, disproportionate expenses, etc.When all that is done, IRS has a budget for how many returns they will put in the audit queue.

Set aside a very substantial legal defense fund if you decide to do these. 

Why ask: Understanding how the mentor tracks progress and success can help you set your own goals and expectations.15.

I'm not underestimating the work and unique set of challenges that come with it by any means.

I set a budget for $5 per day, and set my target market for the entire US.