Matthew, DFW real estate is awesome.

The key to the letter is making sure it is very clear you are not a real estate agent.   

This structure combines efficiency with enhanced privacy and protection for your real estate investments.Ultimately, there are plenty of ways to structure your investment real estate strategy, and the best approach often depends on your specific goals, the nature of the transaction, and your preferences for simplicity versus control

Has anyone transitioned from a construction manager role with a large company to developing real estate on their own.What has that experience been like?

Besides reading and listening to podcasts, my wife and I attend a local real estate investor meetup that has been extremely beneficial. 

We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).

I have lived in Arkansas my whole life, lived in all parts of the state, and have been in real estate for the last 8 years here. 

How Seasoned Investors Calculate Net Income in ExcelNet Income in real estate investing is typically calculated as:Net Income=Gross Income−Operating Expenses−Debt ServiceNet Income=Gross Income−Operating Expenses−Debt ServiceHere’s a simple way to calculate it in Excel:Create a Spreadsheet with the following columns:Income Sources (Rent, Laundry, Parking, Other)Gross Income (Sum of all income sources)Operating Expenses (Property taxes, Insurance, Maintenance, Utilities, Property management, etc.)Net Operating Income (NOI) = Gross Income - Operating ExpensesDebt Service (Mortgage payments, Interest)Net Income = NOI - Debt ServiceUse Formulas in Excel:Total Gross Income → =SUM(B2:B5)Total Operating Expenses → =SUM(C2:C10)NOI Calculation → =B6-C11Net Income Calculation → =D6-D12Software for New Investors to Use OnlineIf you’re a new investor looking for user-friendly tools, consider:Stessa (Free) – Tracks income, expenses, and generates financial reports automatically.DealCheck – Great for analyzing rental properties, BRRRR, and multifamily deals.BiggerPockets Rental Calculator – A simple tool for quick deal analysis.PropStream – More advanced, with market research and deal analysis features.REI Hub – Accounting-focused software for rental properties.I hope this helps !

Quote from @TJ Dittmar: Finally taking the steps to get started real estate investing.

Quote from @Kaleb Johnson: Hey guys, I am a real estate agent looking to get into property investing.