Anyways, I am eager to connect with other professionals on here, and I am looking forward to learning more about the investment world!

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I put this in writing for them too.This year I am planning on only raising rents by $10-15/mAll of my properties are currently at market rent, but of course things like insurance and taxes keep going upBP Community, what are you doing for rental increases this year?

*IF* you can claim RE professional status - and this is where doing your own management comes in, if one of you doesn't have a regular W2 job - you can realize some major tax savings, especially because you can deduct any losses from the RE side from your W2 income.

Of course, consult a professional.That's the short of it.

I believe that if you’re the smartest one in the room, you’re in the wrong room which is why I am seeking help from more vetted professionals in this space.

Which of course was 100% not the case.

If you are maxing out with the W-2 associated plans, your Solo 401(k) would be limited to accepting employer profit-sharing contributions based on your real estate commission earnings.There are several solid professionals who specialize in Solo 401(k) plans here on BP. 

Of course, most malls are dying now too.I pass Civic Financial’s office almost every day on my way home and have been waiting for the sign on the side of their building to come down.

We are 26 days out from the closing date escrow of course is not opened that’s for end buyer to do.