@Gene Jungcertainly there are personal preferences and values involved but in general you get better returns from leveraged real estateyou will also be able to claim depreciation as an expense, which helps offset any taxes you might have to pay on net incomeconsult your CPA for more detail

I understand this will be expensive but $4,526 is also a lot to lose as well. 

Just adjust your payments and expenses to accommodate the payment being received on the 5th.

I bought my first rental back in early 2022 and it cash-flowed over $700 after all expenses on my first year.

I seriously don't understand something which I'm sure is very simple to everyone else, but in the real estate world, I often see people use the arithmetic annual average as above, but in all other investments, stocks/bonds/finance/banking, I see the geometric average annualized return which for above would be 16.9%, to go from 500k to 800k in 3 years.

I purchased a rental property through my LLC for the first time in 2023 and will have related expenses to work through.Jeffrey

As the greater Boston area gets more expensive, more and more people are expanding outward.

Knowing the monthly income and expenses and ease of management might help you decide on what to sell.

In search of accounting software specific to real estate for tracking expenses of rental properties (including LTRs in LLC with property manager and self-managed STRs).

What I need help with is: - knowing where to start- knowing the right resources (youtube, books, people) to get in my corner- guidance on how to crowdfund (I would bring in multiple capital partners for this as the property likely will be expensive...we are in Loudoun County, VA)- an experienced commercial realestate investor to help with guidance on this process.