Hi,I'm a new real estate investor looking to expand my portfolio.

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $350,000

Cash invested: $40,000

The OG, my pride and joy. I went big early.

Interest income is portfolio income.

After the 08 crash, I started buying rentals and built a portfolio of 80+ sfh's - all three bedroom homes in areas with good schools.My mistake was selling a bunch during covid.

Look for lenders that do "Portfolio Loans".Mike

Hey Celine, from my understanding its very difficult to grow a portfolio of short term rentals using the BRRRR method as an out of state investor.

Plus, having a dedicated account for marketing ensures you always have funds to invest in finding your next deal.For those looking to scale their portfolios, this structure becomes even more important.

I'm planning to launch my long term rental portfolio in 2025.

The typical clients that seek out cost segregation studies include:Real estate companies that buy and sell multiple properties each year.Individuals with a portfolio containing investment properties including apartment buildings, multi-family homes and even single residences.Franchise owners with properties that are similar to one another such as assisted living facilities, storage facilities and golf courses.Business owners of hotels, food facilities, shopping centers, restaurants or manufacturing plants.It depends on the type of property, but generally 15-45% of the building’s costs can be classified into assets with a shorter life.

@Ben Cochran I hope you have factored STR tax savings into your cashflow and ROI as it can be significant.Leveraging equity to purchase a short-term rental (STR) in Tampa Bay can diversify your portfolio and potentially generate strong cash flow, but it also increases your financial risk.While your properties hold significant equity, adding debt from HELOCs or a DSCR loan could strain your finances if STR performance fluctuates or costs rise.