Depreciation is another powerful tool, allowing you to deduct a portion of your property’s value annually.Action Step: Keep detailed records of all expenses and consult a tax professional to ensure you’re claiming every deduction you’re entitled to.3.

Readers should seek professional advice.

The thread addresses a different topic, the Real Estate Professional status, but the same principle applies to the hours in both contexts.

Everyone completes an application...don't you want to know who will be occupying your property? 

I do a meetup in Mesa on Saturday morning's which is a good place to come meet even more RE professionals and investors.You have the experience so now you just need the right strategy to grow the portfolio.

That said, I highly recommend speaking with a local professional in the DFW area to get insights tailored to your specific goals.

I’m looking to expand my network and connect with other investors, realtors, and real estate professionals—especially those who are growth and collaboration-oriented.

There's a mix of younger professionals drawn to the tech and education sectors, as well as retirees attracted to the area's mild climate and cultural attractions.2.

be sure to stick to your 70% rule for the flip, know your numbers. run everything conservatively. overbudget for time and costs but 15-20% Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

This is when you hire a staging professional or staging company to come in, make recommendations, and do the work for you.