I would say the portfolio I am guiding and managing with clients is over 20 million with most of the acquisitions made in the last 3-6 months.

I'm also a REALTOR who focuses on PadSplit primarily with many clients building portfolios of these high cash-flowing properties.

@Marc Shin We're funding cash out refis for a lot of our most experience BRRRR clients right around day 91 (to pass 90 days of title seasoning) where we get the process started (appraisal, title, application, etc) around day 60  (plus or minus) when they have the place fully renovated and at least listed for rent (we'll use appraisers opinion of market rent to calculate DSCR). 

Sadly it is always overvalued for the locals as well.For context: the same comparable duplex a client purchased for $750k last february 2023 in Lil Havana is now asking $925k.

@Tanya Maslach I would be glad to share our experience as we have learned to love the corporate client avatar.

Buying tax efficient assets like RE in retirement in not very tax efficient strategy.This post does not create a CPA-Client relationship.

@Tyler Gates, @Kyle Luman, The QI should not be doing anything for the client other than the 1031 exchange itself. 

It’s like my client in Omaha (where I’m based) :-) he bought a triplex where rents were under-market by $200 per unit.

There is a severe shortage of home to rent in north OC, when one of our client's homes come up for rent, it is a feeding frenzy.

Some of my clients love the cash flow in the east side neighborhoods over by Slavic Village and Broadway selling between 90-110k with rents up to $1,800+, but just really depends on the types of neighborhoods you're investing in and your risk / reward threshold.