It’s an exciting time go learn, understand, and practice real estate estate investing. I have the passion and am looking for those who are willing to share the wisdom.

To clarify, my focus isn’t on analyzing T-12s for purchasing a property but rather on developing a solid T-12 for managing my property effectively and for use when I eventually sell my investment property in the future.I want to ensure the T-12 I create is both accurate and straightforward, serving as a reliable tool for tracking performance over time and presenting the property’s financials to potential buyers down the road.If you have any advice on key elements to include or how to structure it for these purposes, I’d greatly appreciate your insights.

Quote from @Leslie L Meneus: Building Connections & Looking for Guidance in Real EstateHi everyone!

@Leslie L Meneus you are trying to find a tribe of super freaks.Let me explain…Only 6% of Americans own one or more rental property.  

Quote from @Leslie L Meneus: @Kristi Kandel is that open to everyone. 

I'm an experienced project manager with hundreds of cradle-to-grave efforts under my belt, including building project scopes and budgets, evaluating contract proposals, and managing construction to maintain the delivery of high quality products on-time and in budget.Penny is a licensed clinical social worker (LCSW), serving the community mental health needs of parents, children and families.We both recognize we have an immense opportunity to serve our community and want to capitalize on the blessings we have been provided so that we can continue serving our neighbors.My wife, Penny, and I are looking to transition into commercial multi-family real estate in 2025.

.: Stessa isn't good for keeping track of tax deduction items.Stessa was designed to just look at P&L.

@Richard L Buchanan what is the point of your post if you're not going to share something we can help you with?

P&L, Bank Statement, DSCR etcVery common for investors to make the switch when they need to or when the cons are no longer greater than the pros compared to conventional loans.  

My focus is on affordable housing, especially mixed-use projects that serve both residential and community needs.