I think too many REI focus on either CF or equity, which is a mistake. 

Focus on networking with local investors, learning market trends in your new area, and deciding on a strategy that fits your goals.Good luck!

Quote from @Shema Cochrane: Hey everyone,This year, I’m shifting my focus more toward land development and moving away from smaller infill lots.

@Rong TanThe last I heard is the City of Cape Coral has halted all new building permits for now so they can focus solely on rehab permits in the aftermath of the hurricane.

Partnerships are gold too; I’ve seen deals where one person brings the money, the other handles the work, and they split the profits.Company hacking is a bit more advanced—getting added to an LLC that owns the property, improving it, then refinancing to pay the seller out—but it can be powerful if you and the seller trust each other.

As many of you can probably relate, this book opened my eyes to the power of the dollar, and it got me interested in real-estate.

There is a 30 year conventional loan product that only requires 5% down, which is great to use with this strategy.Are you focusing on investing in Bangor specifically?

I don't understand this topic very well so looking for a connection to a good real estate focused CPA to help with my filing.LLC does not change your taxes, and it's even possible that cost segregation does not.

This is tough for new investors that focus so hard on cash flow as their main criteria.

I like to keep things as simple as possible, but I was excited to dig into this one because knowledge is power, and the better we understand these things, the more we can use them to our advantage in real estate.So here’s what’s happening—your CPA is basically saying you’re already showing a loss on your taxes because of all the expenses that came with closing, insurance, HOA fees, etc.