You can also check out The Real Estate Guys and The Best Ever Real Estate Show for additional perspectives and insights.Regarding your university studies, a business or real estate minor could definitely help, but it’s not essential.

HI Maggie,Indeed, you can definitely househack in a multifamily by living one unit and renting out the other vacant units.

Look up the Howey Test for a definition of investment contracts.Sounds like a really good deal.

But the first thing is, you definitely need to be in a position of strength.

I'm always down to run numbers and analyze deals with other investors :) Dan: definitely going to connect with you.  

You can even create a balance sheet if you want to get crazy.I definitely recommend scanning all of your documents associated with the rental using a free app like Genius Scan and get those into some sort of digital document management platform such as Google Drive, Dropbox, etc.

If all necessary notices have been properly issued, the property owner should definitely proceed with filing for eviction.

Your experience is impressive—definitely brings a lot to the table!

I’m all about the rental properties and fix-and-flips too, so let’s definitely share insights and strategies.

Here are a few definitions that you absolutely must know.Bookmark this thread and use it as your cheat sheet for 2024.Okay, let’s dive in:Here are the terms that I’ll define in this thread:-DEPRECIATION-BONUS DEPRECIATION-COST SEGREGATION -BASIS-LAND VALUE-IMPROVEMENT VALUE-3115-RECAPTUREDEPRECIATION:Depreciation is the decrease in $$ value of your asset over time due to wear & tear, etc.Standard depreciation is deducted evenly over 27.5 years for residential and 39 years for commercial.Even w/o cost segregation you get to deduct depreciation each year.BONUS DEPRECIATION:This is an accelerated depreciation method.