STRs – Best for Reducing W-2 IncomeIf you prove material participation (500+ hours), STR losses from bonus depreciation & cost segregation can offset W-2 and other active income—a powerful tax strategy.

Partnerships are gold too; I’ve seen deals where one person brings the money, the other handles the work, and they split the profits.Company hacking is a bit more advanced—getting added to an LLC that owns the property, improving it, then refinancing to pay the seller out—but it can be powerful if you and the seller trust each other.

I have my MBA in Real Estate Finance and stand by its power and elegance..

The appliance repair man who just went out said to get a power surge protector for washer/dryer and they had a lot of issues with recent fires and power surge.

No one wants to hear this and I don’t want him to ever think that we haven’t done everything in our power to get the money out of the guest.

They have successfully overruled the two most powerful maxims most investors use to determine what to invest in: 1) location, location, location and 2) the ROI. 

@Matt Powers there are endless possibilities and combinations of how you could approach this opportunity.

Start building relationships at real estate meetups, REIAs, and even through property managers who may know of landlords looking to offload properties.Do not overlook the power of your personal network.

@Devon Shives,Your situation has a lot of potential, but here’s a thought: A cash-out refi could work if you’re confident you can use the $30-35k effectively for your next property, but the higher rate and payment might indeed limit your borrowing power for another mortgage.Consider these alternatives:1.

They sell a 4 unit for close to 1 million dollars close to Jacksonville. they want 250k or 300k down. there's no upside. you can google the properties on biggerpockets and there isn't a lot of satisfaction. it's a slow return and get rich slow strategy. our focus is always as a builder to add maximum value, lower cost as low as possible, build and rent and build and sell the same product and raise prices to help investors out. we have a large market share and large purchasing power in our market in columbus ohio. the one strategy I never liked about turnkey new build brokerage companies like them and build2rent or others is they don't really build close to urban centers and most are single family homes. the numbers don't work on single family homes. if single family was the way to go more companies would be doing it. but by far the most common type of new construction built is three story walk up apartments.