If you aren't prepared to deal with very basic things you should re-evaluate your situation and work to get prepared or hire a PM.

I’m reaching out to this knowledgeable community for some guidance as my partner and I embark on our real estate investment journey.Our Situation:Partnership: We are a partnership of two individuals.Current Income: Both of us have W-2 income, which we carry a tax burden.Goals: Our primary goal is to replace our W-2 income within the next 5 years through strategic real estate investments.

@William Johnny Welcome to the community, BP is a great resource to help you start investing.

@Mario MoralesCash-on-cash return measures the amount of cash flow relative to the amount of cash invested in a property investment and is calculated on a pre-tax basis.In theory if your rental income increases by X amount annually due to the rehab while holding your expenses constant so it directly increases your bottom line (cash flow), you can calculate the CoC return by inputting X/$45k (the cost).

Again, I am trying to practice and run some numbers on potential investments and would like help since I am just starting to learn the games of real estate and underwriting deals.

Has anyone invested with the Ian Djuric at the Blake Capital Group (https://blakecapitalgroup.com/) formerly Djuric Family Office (http://djuricfamilyoffice.com/)?

Hey everybody:My RE partner and I are looking at the possibility of teaming up on a house hack.  

What if a tax accountant has a lot of knowledge and experiences of tax laws including investment, would it matter?  

If you need a brokerage account at Fidelity, you open Fidelity’s Investment-Only Non-Prototype Retirement account for the 401k; there is no need for the LLC.

Very, very few residential RE loans allow nonrecourse.