Run an Opco/Propco model.If your business utilizes real estate as part of ongoing operations you can get all the tax benefits of active RE by having the building purchase and hold the RE.3.

You can utilize equity and appreciation to then buy out of state.

Signed with PM March 21st. 3 out of 4 units are still occupied with only one tenant paying rent and utilities ( Im unsure actually if he's paying all utilities). 

If you have a mentor already that's working great, I would lean into them more and utilize them as much as possible to get going.

Mid-year conversions do not qualify for a partial year calculation of STR depreciation; you must meet the full-year requirements to utilize this tax advantage effectively.5.

The modern features and amenities can attract renters, and energy-efficient designs might help keep utility bills down.

I have harped on this point continually, but many investors limit themselves and their wealth building because they do not educate themselves on three foundation principles necessary to understand and utilize the most effective wealth and estate building tactics and strategies in real estate.

Here’s a short and incomplete list of ways I’ve either utilized myself or financed investors who utilized to create a high cash flow investment. 1.

These are true STR expenses listed, not the typical “oh, you just have to pay for your mortgage and utilities” logic some “gurus” teach.

I was renting at a price point that I could afford as long as I received help with utilities, but that ended this year and nothing else has opened up, yet.