Given my objectives as a young investor, which of these regions—Upstate New York or Florida—would you recommend as a more viable starting point for multifamily investments, considering factors like market trends, economic growth, and property appreciation?

Prior-year losses can’t offset W-2 income but can be used for capital gains or future rental income.For audit risk, high earners using REPS face increased scrutiny, so be prepared with detailed records.For material participation, keep a time log with tasks, dates, and hours spent on rental activities like tenant management, repairs, and bookkeeping.

As our beautiful city continues to grow, so does the demand for housing, jobs and investment opportunities. https://tinyurl.com/256w4aau#PanamaCityBeach #RealEstate #InvestmentOpportunities #Growth #HousingMarket #PCB

Cheers,Jasper, the Pat Boukhaled investor team,Turning investment visions into reality in Phoenix, AZ - ranked #1 for residential real estate growth and opportunity by PwC.Mobile: (480) 531-837

We keep everyone in the loop all throughout the process.To stay on track, we maintain a comprehensive checklist that covers all the tasks involved in closing a deal.

The macroeconomics here is rapidly growing - lots of population growth and job growth especially with the many companies moving and developing out here like Intel, Honda, Amazon, Google, Meta, etc.

Additionally, Memphis has a strong rental market with steady demand, which is crucial for single-family and small multi-family investments.The city is also known for its diverse economy, including key sectors like transportation, healthcare, and education, which support job growth and, consequently, rental demand.

I think a lot of times you get what you give - I've been a part of a couple during times where I really just wasn't spending time interacting, making posts, doing the assigned tasks, attending all the calls, etc.

Since your current portfolio is generating healthy cash flow, you might benefit from diversifying into an asset that provides a mix of stability and growth.

@Oli HarpsTo manage your Oakland 4-plex effectively, stay informed about the local market, build local connections, conduct thorough tenant screening, consider value-add opportunities, decide whether to self-manage or hire a property management company, network with local investors, plan for growth through scaling your portfolio, explore financing options, and stay informed about the local market through online communities and resources.