The whole appeal in REI was to maybe create a small business on the side with my spouse as a way to: eventually secure supplemental income, start building equity in RE and maybe creating a small business together in RE that would help us obtain financial freedom after hearing how risky things can be, I’m trying to learn: what are other RE investors doing to make money despite the risks around home repairs, vacancy, additional expenses (i.e property managers), etc.

This will reduce your turn times allowing you to scale much quicker... not to mention reduce the unknow variables that come from having to wait for longer seasoning periods.The main benefit I see with a DSCR Loan is you don’t have to provide your tax returns and provide the documentation on all your other properties.

It's a sweet tax break for sure.

As someone accustomed to the structured environment of military life, I'm looking for a quiet location where I can feel secure and at ease to walk my dogs around.

To mitigate this, I've devised a plan that involves leveraging my primary residence.I've been residing in my current home for the past five years, which I secured at a very favorable interest rate.

.- Negotiation Skills: A skilled Realtor can negotiate on your behalf to secure the best possible deal, whether you're buying or selling   investment   properties.- Network of Professionals: Realtors have extensive networks of lenders, contractors, and other industry professionals, providing valuable    resources and connections for your investing journey.- Streamlined Process: From property search to closing, a Realtor can streamline the investing process, saving you time and effort while    ensuring a smooth transaction.Engage with the Discussion:- Share your experiences working with Realtors in your real estate investing endeavors.- Ask questions about how to find the right Realtor for your investment goals and preferences.- ag a fellow investor who could benefit from leveraging the expertise of a Realtor in their investment ventures.Let's harness the power of collaboration and expertise to elevate our real estate investing strategies.

If you- own a short term rental in your name- have a mortgage on that property - self manage Do you still create a LLC to manage your rental business or do you manage it under your name and then file income and expenses as part of your tax filing?

Plus, since our guests stay for more than 30 days, we're not subject to the short term tourist tax & licensing.

@Vikranth BiradarI recommend finding a tax strategist that specializes in real estate taxation, REPS and cost segregation.

What's the best way to track your property income/expenses for tax purposes?