The loans are still paying me for the next 2+years.

.🚨 Common issues I see:❌ Not properly tracking repairs vs. capital improvements❌ Missing out on cost segregation & depreciation write-offs❌ Scrambling at tax time instead of planning proactivelyI’d love to hear from the group—what’s been your biggest tax headache as an investor?

What happens if you buy the SFH and hate renting it by the room but the cost to maintain is too much by yourself.

@Joshua Martin,If there’s a chance you’ll sell next year, a HELOC might be the better move since it typically has lower upfront costs compared to a cash-out refi.

See the illustration below (click to enlarge).Goals“If you don’t know where you are going, you might wind up someplace else.”

Residential investing is not rocket science, knowledge is not the issue: there are many good books out there that walk you through every detail you need to know.

I’d love to connect with local investors and agents and, further down the line, with contractors when we’re ready to take the next steps.Looking forward to connecting and learning from everyone here!

I decided to end the tenancy of one of the tenants. 

house hacking is great start, that's how i started in the business. would love to connect

It doesn’t make sense to go through the fundraising process each time since the focus should be on trying to swallow up these deals in short order.