Digitize physical receipts for easy storage and use a consistent naming convention for easy sorting - 2024.03.25 Home Depot.Maintain proper records, such as contracts, settlement statements, and promissory notes.Additionally, you can track income and expenses consistently using software or spreadsheets.As you scale, if bookkeeping isn't fun, consider hiring a bookkeeper for a couple hundred bucks per month.

This property went under contract at a great price passed all the inspections and appraisal and so forth.  

Their business model is interesting and has a couple different exits strategies when getting a property under contract.

It will also allow you to meet various vendors and contracts that you'll need throughout your journey.  

The more issues you can take off their plate before you lock it up under contract the better you'll be.

You mention offering homeownership opportunities to people who have been rejected by traditional banks.Do you have an estimate, or a track record, regarding how many of these homes will not be purchased under the contract and the borrower defaults and the home will revert to you to resell? 

The contract was signed with my company using a lender.

Ive taken over loans for mainland lenders who were 20 days into the contract before realizing they could not lend in the Lava Zone the house was located in.

She's our CEO for both our Sales and Property Management companies as well as she co-owns a contracting company with her husband while managing a whole bunch of kiddos!

I see landlords lose thousands, even tens of thousands, making rookie mistakes that they could have avoided with a little education up front.Once the first property is under contract, start again for the second.