Hello all.As I was preparing my tax returns, I realized my 2019 AGI exceeds the IRS income limits for full contributions to a Roth IRA, which carries a 6% penalty for every year the excess along with its corresponding return are left in the account. 

Hello all.As I was preparing my tax returns, I realized my 2019 AGI exceeds the IRS income limits for full contributions to a Roth IRA, which carries a 6% penalty for every year the excess along with its corresponding return are left in the account.

Getting a single large client can be great - but that person will quickly realize that they have you by the proverbial short hairs and can really jerk you around if they want to.Also, if you grow quickly and suddenly need to add people, getting paid after work is done can really create a cash crunch if you need to meet a weekly pay roll, or if you're suddenly consuming 500% more gas, consumables, materials, etc...

The fact that one closing can result in acquiring multiple doors vs one, and realizing that if my SFR is vacant that property isn’t doing anything.

I’ve had far better luck with on-market deals than wholesale, but I also realize that I’m not on the top of any of the local wholesalers’ lists, so I may not even see the good deals they do occasionally find.

The only difference is the timeline.The other thing I realized is that I only have to have the capital for the repairs with this method. 

I want to share this success story to give others some encouragement, especially if you're investing long distance.I started listening to the BP podcast about 2.5 years ago, when I realized I was terrible at trading stocks and started looking for other outlets of semi passive income. 

Equity and appreciation are not taxable income, until they are realized through sale. 

I currently own 3 properties and I am quickly realizing that I don't have the proper systems in place to keep track of who owns what with regards to cash flow and revenues.

.- Right next door there is another 11 acre lot for sale with potential to expand/grow the parkQuestions I have for experienced mobile home park investors:- I realize having tenant owned MHs are better than park owned, but in an area where the land value is so low I wonder if it makes more sense to keep them park owned?