As you add more properties, you'll need to ensure they're separated to appropriately record their profits and losses.I recommend QuickBooks, but at the start, you can use Excel but you have to be diligent since it's manual and lacks checks and balances.

@Allison Park That's excellent news!

For scenario modeling, check out: • BiggerPockets calculators (great for BRRR & flip analysis) • DealCheck (fast for running multiple exit strategies side by side) • Or even a basic Excel/Google Sheet so you can customize your assumptions. 

. - ie don’t buy a dog property to save taxes.While BP is excellent in many ways, I would caution you against accepting free advice from people you don’t know on BP when hundreds of thousands of dollars are involved.In my mind, better to spend $10,000 to get advice from someone who really knows this stuff.

Also, follow the Monzo Group on Instagram, they do a monthly meeting in the area which is also excellent.

I've spent my fair share of time in excel creating these amortization schedules and my mind is fried.

I’m ideally looking to buy that first property in San Diego.Thanks The best way to beat the price of the San Diego market is STR or by the room rentals in an excellent location.

Excellent resources for prospecting tenants!

That said, don’t overlook the Midwest—I invest there myself, and it’s been excellent for finding affordable deals with strong margins and less competition compared to the Southeast hotspots.

I love the Katy area because of the excellent school districts which is one of the key buy box criteria when investing.