As I am experienced with QuickBooks, let me talk about it:Enter all transactions as you receive them and not when you pay them:- Enter all rent as invoices- Enter all expenses as bills- Enter loans, closing, etc.IT is also called Accrual Basis.

We plan to enter the multifamily space, purchasing properties with 8+ units with the potential to add value and attract higher quality tenants. 

And we love it because we spend less time re-sending misplaced K-1s and reports and it greatly streamlined the investor onboarding process.

RE is a marathon, so take your time, and enjoy the views! 

I'd just weigh your expected returns in the market vs your mortgage interest rate.I've actually been tapping the HELOC equity to re-invest into the market which is an aggressive play but if I can beat the interest rate (3.75%), I'll be turning a profit by doing so.

I have an investor client who's self directed IRA is in an LLC, and she has a checkbook that she uses to fund RE projects. 

Juggling building my RE career and running my business has been an exercise in time management, and most of that time for the month I've been licensed has had to go to compliance and training. 

And because that's the case, there is no best time to enter the overall real estate market as long as your intent is long-term. 

So I'd network with other investors, typically wholesalers and RE Agents, ask who they know.

The property was foreclosed on in 2010 and sold for 110k(bank wanted 206k HUD home listing); right now the bank re-forclosed on the 110k loan recently in Dec 2017!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!