With 4 properties in different location, you have 4 time more chance of RE appreciation.To maximize returns, leverage tax benefits like depreciation, mortgage interest deductions, or cost segregation while considering your ability to handle management demands and market fluctuations.

Where is your portfolio located?

Hi Shayan--Here is the thing...when flipping for me, the class of neighborhood, location of property in that neighborhood, and amount of renovations really matters. 

You don't say where you are located so I say start close to home and work from there. 

Choosing a location near LA, accessible by a short flight or drive, will make it easier to check on your projects.

Thats kind of the beauty of thes exchanges.. you get to reposition your capital, ideally in a property that ticks more of the boxes you need.Now, thinking about older buildings.. some folks underestimate how well older properties can hold up if they’re in a good location.

Yes, but you'll need a whole lot of "luck" and extensive knowledge and work ethic.

Hi @Andre GalavizLuckily you came to the right location for that kind of question! 

This is located in Pennsylvania.Thanks in advance for your help, and have a Blessed Christmas!

I know people that do great with $150k homes but also $650k homes each with different strategies but I do believe in the Golden Rule, location x 3.