We currently have a great income-producing property, and we are considering selling or tapping into equity and continuing to rent. 

Can anyone recommend a property manager for a sixteen unit building in Birmingham, AL except for Red Rock?

We have to take this work seriously, but that doesn’t mean freaking out and turning clients away because they can’t produce a shoebox of receipts.If you’re willing to put in a little time now to reconstruct the expenses and organize it clearly, you’ll likely be able to support the full basis or something very close to it – and that could mean six figures in tax savings.Happy to help if you need guidance on how to structure the support file or talk it through with a CPA.

AirDNA is widely used by short-term rental investors to analyze potential deals, and they now offer a marketplace where you can list income-producing properties.

Luckily, in Little Rock, Arkansas, we have very friendly landlord laws.

Realistic monthly income can be looked at by scouring Furnished Finder, but on a 3-bed/2-bath home in Little Rock, I can get $5200/mo, but it is 2800 square feet.

Looking forward to hearing how others are approaching this shift — or if you think the roles should stay separate.Brian TeeterTurnkey Property Management | Little Rock & Memphis“Not just managing doors — managing portfolios.”

A few minute drive away is the Hard Rock Casino with concerts and shows.

The best way to get rich and build your REI portfolio is the equity in your primary home/investment properties to buy more money producing rentals.The short term market arena is Fastly growing and there are multiple states that offer 2-4 unit multifamily rentals that you can buy for under $450K.

If you have a multi-member LLC, quickbooks would be at the top of the list as it's easier to produce a balance sheet