Beyond that, there is a MACRS depreciation on the table and is once again available depending on your situation. 

Rent collection and expenses can be managed through a separate business bank account under the LLC, even if mortgage payments remain personal. 

Whether it’s learning how to build a property portfolio, understanding financing options, or managing tenants effectively, having a structured approach will keep you focused.This clarity prevents you from wandering aimlessly or jumping from one strategy to another, ensuring that you stay on course toward your investing goals.5.

I need to check if you can do 3% down on multi family as the multi family rules changed recently and I have not tried on since the rule change. 

In the end, we managed to close the deal, but just barely.

There is a lot of 2 and 4 unit inventory in KC and I think a fourplex is a fantastic first investment property! 

I have been a “premier agent” or wherever it was called for a while and I have 0 leads for the year.

This setup allows me to maintain my current income while being physically present in Missouri to actively manage our real estate investments.My BRRRR Strategy:My goal is to identify single-family homes or small multi-family units that need some rehab work, ideally in neighborhoods with strong rental demand and growth potential.

I've run the numbers on a bunch of properties using the following numbers:- vacancy 6%- Property tax 0.44% of list price per year- Insurance $250 / month- Capex 5%- Repairs/Maintenance 5%- Property Management 10%I've found a couple with a slight positive cash flow (no more than $50).

Alot of the best deals (especially off market and i mean actually off market) are done with emotions.