." :)With your method, nobody would ever have any taxable income, since the money is always set aside for something.

I used the BRRR method for all of them except the first one.

If you are exploring a flat fee method of putting it on the MLS, you should understand that you will still pay your closing costs and most likely be paying a commission to the buyer's agent.

• What are your methods for helping newbies (investors)/first time buyers?

HiI transferred my rental to a multi partner LLC last year and trying to figure out how do I input that information on my personal taxes using H and R Block. 

@Andy R.

Thanks @Andrew R.

Is it smart to keep repeating the process with the next single family and keep doing the BRRRR method and taking the profits while the property is still cash flowing $800 a month? 

I absolutely love the BRRRR method.

Hello guys , I’m new to the house hacking method , and I got some questions hope you guys can answer some of them , I have a 3 be 2 ba SFH and I want to rent the 2 extra rooms , but I don’t know if I gotta have my future roommates sing a lease ?