It is the “heart & soul” of the LLC.

“What the mind can conceive and believe, and the heart desire, you can achieve.” - Norman Vincent Peale Today marks a monumental step in my real estate “side hustle”.

As for what you should do to boost your place - you should post a couple photos! 

With all that being said a wise investor does what is right for the portfolio and affordable certainly not for the faint hearted.

@Chris Porter I was hoping that by posting this would give your initial post a boost!

Does anyone have any secrets/devices/tricks to boost your personal financial statement (PFS)?

Couples can combine their exclusions, enabling them to pass on nearly $26 million, before or after death- Colorado (Act SB22-238) reduces the valuation for assessment of residential property, including multi-family residential property, from 6.9% to 6.765% of the actual value of the property (Increasing to 6.8% in 2024); and reduces the actual value used for purposes of the valuation for assessment of commercial real property by $30,000 and of residential real property by $15,000- IRS allowing bigger contributions to retirement accounts: Employee deferrals increase from $20,500 to $22,500, catch-up deposits (over 50) increase from $6500 to $7500 (all increases apply to 403(b) plans, most 457 plans and Thrift Savings Plans), and contribution limits for IRA’s have increased from $6,000 to $6,500 while catch-up contributions (50 and older) remains at $1,000-IRS increases income thresholds for the Long-Term capital gains brackets: 0% Single (up to $44,625) / Married (up to $89,250), 15% Single (up to $492,300) / Married (up to $553,850), 20% Single ($492.301 and up) / Married ($553,851 and up)References:https://www.mansionglobal.com/articles/5-property-tax-changes-hitting-u-s-homeowners-in-2023-01672313496https://leg.colorado.gov/bills/sb22-238https://www.cnbc.com/2022/12/31/5-tax-investment-changes-that-could-boost-your-finances-in-2023.htmlhttps://www.cnbc.com/2022/10/20/irs-how-much-income-you-can-have-for-0percent-capital-gains-taxes-in-2023.htmlhttps://www.redfin.com/city/6463/CO/Estes-Park/housing-market

Gotta remember this is a C apt and going to hard on trying to get great stuff will bite your budget and they may destroy your stuff and that will hurt your heart when you have to replace it all.

So I like picking up cash flowing properties, getting a nice boost in equity through some sweat equity, then riding out high cash flow and 3-4% appreciation from there.I understand why some people will take negative cash flow and try to pick the next big appreciation book market…but that feels less like passive income through investing and more like gambling to me.

Is that the company pushing for recruiting or individuals looking to boost their own interests?