Feel free to connect.

Dealing with problematic tenants, constant maintenance issues, and the pressure from family and friends who don't seem to understand your vision can make it all feel like an uphill battle.

If we can be of any help, please feel free to reach out. 

I personally don't think that will last if rates drop and people jump back in, so I'd say reinvest while prices are "low" right now. 

Personally I would rather buy a rental property over a personal residence because I want something that can potentially give me cash flow every single month over a liability.

Hello Arnold, I personally used my 401k to buy my home back in 2017 so I know from experience its a pretty easy process.

This separation helps in maintaining clear financial records and simplifies tax reporting and financial management.Setting up an escrow account specifically for rental income within your LLC can offer several benefits:Financial Clarity: It separates rent payments from other operational expenses, making it easier to track income and expenses related to the rental property.Legal and Compliance: Helps in demonstrating that rental income is kept distinct from personal or other business funds, which can be important for legal and tax compliance purposes.Tenant Transparency: It provides transparency to tenants and other stakeholders regarding where rental payments are deposited and how they are managed.While it may not be a legal requirement in all cases, maintaining an escrow account specifically for rental income is a prudent practice that many experienced investors and landlords follow.

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Feel free to DM me if you want to schedule a chat.

@Eve Favorse networking is the best way.How many people in your personal network?