I pushed back on this and requested a re-appraisal - I submitted comps showing what other less desirable condos in my area have recently sold for - but the appraiser is sticking to his estimate (of course he's not going to admit he made a mistake).

.--- Tactic 3: Strategic Land Acquisition: Bren acquired land in strategic locations, often before areas became highly desirable.3.

If the area is desirable (with features like the pool and backyard), and the ARV holds strong, the multi-family homes may not have a huge impact.

To thrive in real estate investing, you must maintain a firm grip on your finances.

Maybe you'll discover skills and desire to be the next Grant Cardone.

Only one facility in town is quality built/newer (maybe 10 yrs old) and it seems they do not have more room to expand and by secret shopping so to speak them plus the smaller less desirable facilities are mostly filled up.

Having encountered bandwidth difficulty with our accounting firm and CPA, we replaced them with a national company with capacity to handle our ever-growing portfolio.

in the HML space there are plenty of larger firms that do things across the country.. but NO lender lends in all 50 states.

I interviewed 5 CPAs, three were firms recommended by other real estate investors.

@Marlie EvansMy firm’s managing partner works hand in hand with the IRS’ head of Depreciation if you would like to know the guidelines on the matter.