Now my business model is a combination of short-term rental arbitrage and long-term rental arbitrage, which brings lower margins but also much less work.The main value that I provide to landlords is free property management & minor repairs (e.g.

My goal is to scale this to the point where the money that he has committed has quadrupled, we have a functional company with employees, and we're able to continue to grow throughout the years.

We will be making over $100k combined post-graduation but our current lease ends in July of 2023 so we would have to quickly find a new place before we really have a chance to save any money or pay down any debt.

Installation of Navien combination boiler / tankless water heater, air handler with ductwork for two-zone HVAC, outside condenser, and Fujitsu ductless minisplit in family room on slab.Installation of 500-gallon liquid propane tank underground and convert from oil to LP.Installation of 1,100 SQFT of 5" x 3/4" French Oak Pacific Grove hardwood flooring with new OXB underneath.

The property management fee covers all of the back office functions that the property management company provides (ex. accounting, marketing, supervision, etc.). 

If the septic tank is functioning, I would just repair the piping to it if the cost and have the septic pumped.

If you don't have a large enough line of credit to fund an entire flip, you could do a combination of both.

Hello, I currently use a combination of Cozy and bank statements for accounting for 13 units (mostly SFR) I currently have, but am looking for suggestions on what may be best moving forward with a growing portfolio.I like how easy Cozy is to use and you can use someone without accounting experience to add in appropriate expenses for each property each month.

It is a bit more expensive than Listsource, but the functionality and search abilities are much easier to use.

With your fact pattern (purchase one unlevered property), I would look into converting the traditional 401k to a Roth (depending on the size of the 401k and your tax situation in that year) and investing the combined Roth in the rental property.