It's crucial to estimate the total cost of these renovations and weigh them against the potential increase in property value or rental income.

Keep yourself updated on real estate investment tactics, market shifts, legal obligations, and industry standards by connecting with fellow investors, participating in workshops, and utilizing online sources.

Doesn't seem right to me, but I can't find any definitive information anywhere else online.

As long as my total portfolio is cash flow positive and contributing to my ability to accumulate property, I’m happy.

In short, I write down the total amount that was paid to perform the project. 

Check out Figure, you do everything on-line and it's quick.

I use online apps (Wave is one good one) have a separate bank account and separate ledger account for each property...

The property taxes online said the owner was paying 3k a year.

My company does the following:• Free and simple MLO Licensing (22 hours online or in person and you choose your schedule)• Mortgage team to handle the backend (meaning, no structuring, underwriting or processing loans) • Competitive mortgage rates backed a company with 20+ years in the business• Downline revenue stream on the lending side (similar to EXP model.)• They do not have to change brokeragesIn my mind, there aren't many cons to this.

Additional info to help the discussion: Rent growth year over year:Appreciation Growth Calculator (Conservative 3%) Scenario: Total cash in deal from Investor: $29,010Investor Contribution: 100%My contribution: 0%Goal: Figure out how in 5 years, I now own 100% of this property.