For instance, if your LLC, "ABC LLC", has $2MM in assets and $1MM in debt, you should report an asset of $1MM for "ABC LLC" on your personal assets when applying for a personal loan.

The ones who lack the self discipline to save (because they CHOOSE to spend it all) are certainly tenants by choice.And some might even argue that some of those on social assistance choose that as their lifestyle, but let's not go there ...

I've finished reading ABC's of REI (K.

abc

I'd argue that a multifamily that makes the most sense for you now to live in may not be the most profitable when you leave and convert it to a true income property.

Generally speaking, one could argue that folks sell MF properties for pretty much all the same reasons you'll find in any good country western song...dog diedgirlfriend leftnew girlfriend wants more stuffCF/IRR sucksetc.

I would be a buyer at $1.15 with 7 units, I am not going to argue over $100k like you and your partner lol

You personally are doing exactly what you are arguing against, which makes no sense, and it's not because you got started in your 40s.

.- Multi-Family Millions by David Lindahl- Mastering Real Estate by Frank Gallinelli- Investing in Apartment Buildings by Mathew Martinez- The ABCs of Real Estate Investing by Ken McElroy- As others mentioned, Buying and Selling Apartment Buildings by Steve Berges- The Millionaire Real Estate Investor by Gary KellerThese are all great books with a different spin on real estate investing.

It shows your tenacity and resolve to pursue a problem in an effort to right the wrong.Yes, if you know deep down within your bones that you are 100% right on an issue, then, gather supporting evidence and be ready to argue your case effectively as you did.You saved money now and in the future, by doing the bulk of the discovery yourself and are now proud of the end result.