I am buying some software for managing my propertie(s), as I am looking at my second property , making an offer, close to closing on this property.I called a guy I know in the area, asked for his handyman and lawn guy.This weekend after getting the Christmas decorations down, I will sit down with the hubs and try to define some SOPs for my new venture.keep pounding my friendsCharlotte The sellers accepted my offer yesterdayThere is a big difference between having a property under contract and actually purchasing your first property.

Also, be sure to understand what will happen if you need to evict during the midway point of your tenant's tenancy, meaning you will not want to have to recover a rental unit while sitting on an excessive amount of cash paid for rent by that tenant over a six-month period. 

Mortgage-backed securities are choppy but generally firmer, and the 10-year yield sits at 4.0006%.Addison, Allen, Anna, Azle, Batch Springs, Bedford, Benbrook, Burleson, Cedar Hill, Celina, Cleburne, Colleyville, Coppell, Corinth, Crowley, DeSoto, Duncanville, Ennis, Euless, Farmers Branch, Fate, Flower Mound, Forest Hill, Forney, Glenn Heights, Grapevine, Greenville, Haltom City, Highland Village, Hurst, Keller, Lancaster, Little Elm, Mansfield, Midlothian, Mineral Wells, Murphy, North Richland Hills, Prosper, Red Oak, Rockwall, Rowlett, Royse City, Sachse, Saginaw, Seagoville, Southlake, Terrell, The Colony, Trophy Club, University Park, Watauga, Waxahachie, Weatherford, White Settlement, Wylie, Dallas, Fort Worth, Plano, Irving, Garland, Grand Prairie, McKinney, Frisco, Mesquite, Carrollton, Denton, Richardson, Lewisville, or Arlington

But from what I recall dissolving in advance vs. selling as LLC and buying in your personal name won't be an issue if the tax payer is the same.

@Alex Koesterhmm - i don't recall a lot of posts that talk both about buying a primary residence, and asking about CRMs. 

Finding properties that have been sitting at no fault of their own and just because of a slow market is the way to go.

They’re tired, neglected, and usually sitting with a long list of deferred maintenance.

That kind of shift always creates leverage for people who understand timing.NAR’s latest Confidence Index reinforces that the market is active beneath the surface:• 2.1 offers per listing• 19% selling over list• 29% cash• First-time buyers at 32%• Typical contract: 30 daysAnd Louisville’s numbers are telling a story of their own.Louisville Market (Today)Active listings: 3,498Inventory is tightening.Listings sitting 60+ days: 1,448That’s 41.3% of our entire market aging out.Multifamily inventory: 101Sitting 60+ days: 59That’s 58.4% of multifamily stuck in place.When this many properties cross the 60-day line, it doesn’t mean the market is weak.

And Louisville’s job base is growing.Here’s where the market sits right now:Inventory: 3,581 active listings30-year fixed mortgage: ~6.24%Market pulse: motivated sellers and real opportunity on stale listingsThis is one of those environments where thoughtful moves tend to age extremely well.

The top 10-20% of listings still sell fast, especially on the peninsula, but everything else is sitting.