You have to be pretty strategic when doing this. 

You want an accountant that can help you strategize and who is responsive when you want to know the tax consequences of the decisions you are making throughout the year.

I am excited to immerse myself in the world of real estate and take on new challenges as I embark on this journey.Goals:As a new member of the real estate investing community, my primary goal is to educate myself, gain hands-on experience, and ultimately achieve financial independence through smart and strategic investments.

For investors, there are strategic moves and due-diligence steps that can be leveraged with this ordinance:1. 

With seemingly robust GDP numbers, it might seem like the US economy is firing on all cylinders.

When deciding between investing out of state vs home hacking in Oakland, keep the following in mind.Oakland House Hacking:Proximity: Living in Oakland while house hacking enables you to maintain a close proximity to San Francisco, which might prove advantageous for property management and maintaining connections with the local market.Possibility of Appreciation: Property values in the Bay Area have increased historically, which is good for accumulating equity over time.Local market dynamics, tenant preferences, and potential obstacles might be simpler to comprehend when one is in a familiar location.Demand for Rentals: Oakland has a robust rental market, and you can discover good demand for rental units if you pick the appropriate property and location.Creating Local Connections: If you live in the Bay Area, house hacking can assist you in making local contacts with property managers, real estate agents, and other investors.Investing Out of State:Investing outside of your state may be more affordable and enable you to use the same funds to buy more than one property.A few out-of-state markets can have more favorable cash flow prospects in contrast to the pricey Bay Area market.Geographic diversity, which can help reduce risks related to market-specific variations, is made possible by investing in a variety of markets.Hiring a local property management business, which offers a more hands-off approach to property management, is often necessary for out-of-state investments.Remember, both options have their advantages and challenges.

You want an accountant that can help you strategize and who is responsive when you want to know the tax consequences of the decisions you are making throughout the year. 

You want an accountant that can help you strategize and who is responsive when you want to know the tax consequences of the decisions you are making throughout the year.Good luck in your search.

Also, there's a monthly meet up that I think might be this week...STRategic Invester. 

This is the gray area that I find to be most troubling as individuals with no experience are being taught to work in this gray area to raise money from individuals who likely believe the sponsor credentials are more robust than they are.