The point is that if you are going to try to utilize the house hacking strategy to build a portfolio of rental properties for yourself, you need to be very strategic about it and carefully consider each of the next steps you take. 

To answer your question, I sold an underperforming property (which is where I got the majority of the DP) and  I also had some money saved up and both combined to formulate the DP.

You want an accountant that can help you strategize and who is responsive when you want to know the tax consequences of the decisions you are making throughout the year.Yes, you should use the same tax professional for your business and personal tax returns. 

You want an accountant that can help you strategize and who is responsive when you want to know the tax consequences of the decisions you are making throughout the year.Good luck and let me know if you have any questions.

This is definitely the type of guidance I was looking for.Currently looking to buy and hold, so will look into formulating an Operating Agreement and LLC

There's not any better financial book that gives strategic AND practical advice on finances for business.

I sit down with my brokers at least twice a year to strategize and recalibrate (if necessary) what we are targeting.And third... look where most people are not.

The clearer you track these now, the easier it will be in the future for more significant strategic initiatives (i.e., Cost Segeratio Studies).Depending on how much cash flow you have, I would limit the add on apps (i.e., Hubdoc, receipt bank, bill.com, etc.) until the cost/benefit is there.Message/tag me if you have any questions!

Given the country's developing status, I believe there's potential for both appreciation and steady cash flow.I'm open to suggestions on how to strategically utilize this budget.

They seem to ask a lot of questions up front and then formulate a price.