This consideration may be worth it in terms of approaching local banks or credit unions with an understanding of real estate investment because they are generally flexible in offering loans compared to national lenders.

Plus, since 2013, the average annual rent growth and appreciation have been 8% and 10% respectively.In further discussions with this couple, they expressed their desire for both strong rental income and the tax benefits of investment real estate—advantages that are only available with properties in our target market segment.Additionally, their desired retirement home features and the characteristics of a good rental property were completely misaligned.

Hi there, I'm David Kanarfogel, an attorney based on Long Island with extensive experience across commercial real estate and CRE finance.

She placed my wife and my wife's siblings as remaindermen on a life estate deed on my mother-in-laws home.

We quit real estate investing and it took me 23 years to start again.

Often it's not so much someone with real estate experience that seasoned investors are looking for so much as it someone who can take other tasks off our plates.

They have already called a real estate agent to list on the MLS and when the agent comes over to take the listing, they tell the prospective seller that the dog poop in the living room has got to go.The rot in the bathroom behind the toilet needs to be fixed.

I believe that mindset and preparation are critical when starting a real estate portfolio, as they set the foundation for sustained success. 

There comes a point where having a real estate-savvy tax preparer outweighs your time learning a new software. 

Get a good real estate attorney and have them help you navigate this.