What web-based solutions are you guys using to keep track of your portfolio?

To have your activity qualify as material participation, you must meet one of the following tests:-Work more than 500 hours in the activity (a married couple can count the involvement of both spouses to meet this test)-Do substantially all the work in the activity-Work more than 100 hours in the activity, and no one else worked more than the taxpayer (including non-owners or employees)-The activity is a significant participation activity and your total time in all significant participation activities exceeds 500 hours-You materially participated in the activity in any five of the prior ten years-You materially participated in a personal service activity for any three prior years-Based on all facts and circumstances, you participate for more than 100 hours in the activity on a regular, continuous or substantial basis during the yearPractically speaking, this means you’re doing the work on your rental properties rather than hiring a property manager.

My husband and I are looking to buy our first house hack in Salt Lake to reduce our living expenses and get into the real estate game.

Based on comps and speaking with realtors we figure I can sell my home and after paying off my mortgage and selling expenses I could net approx 750-900k, depending upon the sale price of course.

Based on your opinion, would DFW area also be a great starting point in Texas?

@Jeff Miller if you come down South I would be happy to meet up with you.I haven't been as active as some other investors in going to investor meet-ups but I find that they can be a double edge sword as you have seen with Rich Dad Poor Dad.Real Estate is about the long game and so is life.You want to decide where you are going and make investment and life decisions to get you there.

It sounds like you have equity in your property based on your numbers provided.

WELL I AM READY TO GET BACK INTO THE GAME AND START ALL OVER!!

April BirdsongNew investor late to the game… but never too late when there is still breath. 

Looks like there are a few in Colorado.I agree I learned much from (close to) free sources but did take Apartment course (syndications) through my REIA from Anthony Chara who is based in Colorado.