This is why we accountants should not give legal advice and - vice versa - attorneys should not give tax advice

Thankfully my wife is a rock star on the nutrition piece.Just like it's good to have great people hold you accountable in your RE journey it's just as important to find a group of people that will hold you accountable with your health. 

That way you can bypass a bridge loan.I have borrowed $50k from my father to float some of the purchase of a Dental practice my wife owns...we simply pay into an account that we use to periodically pay him back lumps sums.

While some use floating rate debt, for say, corporate unsecured lines of credit or capital commitment facilities, they also tend to use Swaps versus interest rate caps, and often times will build interest rate collars on their floating rate debt.  

 Hi Angie, the unit already has a property mgmt firm and I accounted that in the cash flow.

Our team reached out and a little while later they told us that the check was sent to us and has cleared their account.

I’m pleased overall at the service that they’ve provided so far and look forward to what may be in store… Now if there was only a better way to get the money out of the credit accounts...

However they more or less just wanted to do it for that extra buck in their account where I wanted to take my portion and start utilizing it for more investments.

Here's a PARTIAL list:Office rentComputers, printers & softwareInternet & phone billOffice furnitureOffice supplies: paper, postage, ink, etc.Office liability insuranceAuto expenses: monthly payment, insurance, gas, maintenance, registration/plate feesBroker license fees: annual, monthly board & MLS fees, continuing education fees, E&O insuranceEquipment: lockboxes, signs, etc.Business income tax preparation and paymentsStaff payroll & payroll taxes Time Tasks: answering phones, calling past due tenants, scheduling tours, taking marketing pics, processing those pics, writing ads, researching rent amounts, posting ads, explaining to owners how rent determined & showing where ad posted, opening & processing mail, posting payments, bank deposits, scanning documents & posting to owner & tenant portals, explaining accounting to owners so they understand their monthly statements, taking pics/videos of repairs, finding reputable handymen and contractors, confirming they're properly licensed & insured and tracking annually, verifying repairs done properly, processing invoices for utility bills, repairs, taxes, city inspections, scheduling periodic property evaluations/inspections with tenants that don't want strangers in their homes, explaining to owners why taking so long, and more & more & more...

Hey @Israel Mendiola, As accountants on BP we cannot self-promote.