The tax benefits of S-corporations are widely misunderstood and over-promoted.

Start small with a single property to learn the process and scale as you gain experience.This post does not create a CPA-Client relationship.

Specifically, I’d like to understand:How to evaluate motel operations and what metrics are most critical.Best practices for managing or outsourcing day-to-day operations.Thanks in advance for your insights—I’m looking forward to learning from the amazing investors here and gaining a better understanding of this space!

I don't know what I have to gain about doing otherwise.If ANYONE would like to chat further, please DM and I'll send you my cell phone number so we can chat directly.

My personal experience after 40 + years in the real estate industry is that “wholesaling” is a very INEFFICIENT AND INEFFECTIVE way to gain knowledge and experience relative to real estate.

It will familiarize you with the basic terminology and benefits.

I am excited about gaining more knowledge and deals! 

And quite frankly, there might not be a benefit of refinancing for a while.  

With completing a 1031 exchange into a more expensive property, their depreciation table would reset as well, providing an even greater benefit. 

After five years, you'll have earned $90,000 in rent income and gained $34,000 in appreciation.Buy four houses with $50,000 down on each.