The type (and location) matter a lot but as a general trend vacant Land sales have definitely been slowing down as of late.We have dozens of properties at a time up for sale across multiple states and we spend a healthy amount of money on our Dispo advertising.

Quickbooks (for me) is not a useful tool for managing rental properties. 

I am moving the property into an LLC because that’s the only way my wife would let me take this risk.

To start, I’d like to ask you a question: What is more important, purchasing real estate where you can obtain 100% return of your capital through the BRRRR investment method but otherwise break even or even worse lose money or alternatively  leave some of your capital in the deal but earn a profit when the property is sold? 

I recommend having a column that tracks which properties or activities the time relates to so it will be easy to sort in the future. 

We ended up shifting that profit to a property, along with our capital from cashflow, in Rosemont that was an absolute opportunity.

Hello I am in my first year of investing and have a few rental properties now.  

It is for WA state properties only.

We are super excited to hopefully get the property and move forwards with purchasing more.

I agree, do you have all the Financial Summary and Property Facts?