Purchase price: $232,500 Cash invested: $45,000 Beautiful fully renovated Shore Acres 2/1.This house really stands out on the block with the new bright paint scheme!

Purchase price: $425,000 Cash invested: $5,000 ell after just 6 months of owning.

You can make straight Roth contributions or convert cash as you’re talking about but you can also convert assets from pre-tax to Roth.

It might be worth testing a few until you find the one that best fits your style and business model.

In more than half the country you don’t even bother with cash for keys because evictions are simple, fast and cheap.The part of the system that’s broken if you’re doing “a lot” of evictions is your screening.

@Benjamin LarabeeI'll be honest - most bookkeeping companies are not worth the money, so vet them carefully.

Also, if you focus on the fundamentals of the real estate, particularly with SFH's the cash flow is truly secondary to other benefits.

I’m in the learning phase and saving up the cash for my 1st deal.

@Ko Kashiwagi My understanding is that one can still execute the BRRRR strategy and successfully cash out, but due to high interest rates, the rent may not cover the mortgage.

Purchase price: $74,000 Cash invested: $25,000 Sale price: $145,000 I acquired a property from a couple needing to relocate, with significant repairs required.