The advantage to long term renters is the consistent cash flow, lower start-up cost.

A line of credit would cost me 8.25 currently and I could consistently lend it at 12-15 probably.

You could look at doing a cost seg pre-renovation and post-renovation to be sure you capture the maximum deductions for the initial purchase and for the upgrades both.

But, excel is totally fine in the beginning (in addition to your PM software to capture transactions outside of the properties).We use QuickBooks Online exclusively for all of our REI Clients.

This team consists of an Investor Focused Agent, Lender, Contractor, and PM.Read this article on the "core 4".

There has been strong population growth, consistent appreciation, and a robust economy.

To capture and nurture leads on a budget, look for free alternatives to ClickFunnels.  

My current allocation consists of approximately 40% real estate, 40% equities (low cost ETFs and index funds), and 20% cash.

Let me know and I can send some exclusive inventory your way that consists of new builds and completely rehabbed homes.

Hi everyone,My name is Justin Swaby, and my partner and I are currently building a real estate portfolio consisting of single-family and multi-family properties.