But, it’s worth consulting with a tax professional to assess whether any parts of the expense could still qualify for immediate expensing under safe harbor rules or another method to maximize deductions. 

.🙌  make connections with other Airbnb strategy investors and gain the confidence to BRRR my first property with no previous construction experience 😅🤝  make a great connection with someone who is an expert in BRRR method 

What was your preferred method for sourcing/ screening tenants?

To start, I’d like to ask you a question: What is more important, purchasing real estate where you can obtain 100% return of your capital through the BRRRR investment method but otherwise break even or even worse lose money or alternatively  leave some of your capital in the deal but earn a profit when the property is sold? 

Right now, the one that has been catching my attention the most is the BRRRR method.

My thinking is that with a heloc as the downpayment or in this case with a foreclosed property, it would 100% of purchase price, I could refinance using traditional methods and pay myself back.  

It just sounds like the BRRRR method but for business.

i’ve heard a lot about this method . the thing i’m confused about is how would i convince a lender to give me their money.. like if it’s my first time, will they just trust me? 

Let’s discuss the hidden costs and potential pitfalls of traditional financing methods that many investors overlook.

I need some helps and advices on my next move.I'm thinking to sell my rental property to get $150,000 cash in hand, then look for a Duplex/Triplex in Garland, Grand Prairie, Irving, or Arlington to do a House Hacking method to put only 5% down.