I started my MTR journey with a multifamily property as a LTR and slowly converted it one unit at a time and was really happy with that approach.

This shows if they understand the unique needs of someone who isn’t local.Local market knowledge – Get their thoughts on the current market and what trends they’re seeing in your target area.Communication and responsiveness – Ask about their preferred communication methods and how quickly they respond to inquiries.

There are methods.

Best of luck on your journey Someone mentioned but a good resource are the podcasts. 

@DeAnna McKillop-LopezKeep it simple to start, unless you have more than $10M there is no need to do anything but by the property in your name and get insurance if the property is a single family rental.You can do all these other methods but they just cost you money every step along the way.

What your CPA is saying aligns with what I understand to be true.However, you are just at the start of your journey. 

This is particularly effective when paired with bonus depreciation provisions.This method not only helps reduce your tax liability but also enhances cash flow, making it a powerful tool for real estate investors looking to grow their portfolios.3.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

@Elisamuel Cruz If you are going to focus on the BRRRR SFH method in Philadelphia, before you make any purchases ask yourself these questions: 1.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.