Invest your money in different financial investments and not real estate.  

Choosing between these depends on your financial goals and risk tolerance.This post does not create a CPA-Client relationship.

I have had every one of the above come into play, which has caused the timing of exiting the asset to take longer than anticipated.

I then spent a majority of my free time learning as much as I could on the different styles and strategies that have been utilized in the past, reading everything from Lynch’s One Up on Wall Street to Graham’s Security Analysis, to learning how to build out financial models in excel.

I would be a great asset to your team and bring lots of motivation and determination to help you grown as well.

Additionally, each deep clean after a mid-term stay costs around $300 or more, which almost negates the financial benefit of the mid-term rental model. 

I love being able to turn personal properties into rentals as they required a small amount of cash for a large asset to have someone else paying off.It really depends on your long term goal, but ours is to use these "retirements baskets" into reasons that early retirement at 44 is successful! 

Imagine you bought a property for $2M.The land (excluding any structures) is valued at $400K.Since land is not depreciable in the eyes of the IRS, we subtract the land value from your purchase price to get your depreciable basis.Your depreciable basis is simply where a cost seg engineer starts from when allocating your eligible assets into either 5, 7, or 15 year property.In the scenario above, your starting basis would be $1.6M since your basis = your purchase price - the land value.Having an accurate land value is essential to getting your depreciation/bonus depreciation calculations right.This is the starting point for any cost seg study that you do.

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.

When networking on BP or in person, being clear about your goals will make a big difference.Are you mainly interested in finding rental properties, connecting with other landlords, or exploring specific asset types?