For financing renovations or improvements on your Section 8 rental property, there are several options to explore, including grants and specialized lending programs like the Community Investment Program.

I started exploring multifamily properties and various markets, which helped mitigate risk and maximize returns.By expanding my focus to include different areas, I was able to weather market fluctuations better and ensure a steadier cash flow.

Here’s an example of bonus depreciation.Here are some of the current trends that are highlighting the importance of a cost segregation study.Contract Logistics Expansion: Experiencing growth in contract logistic divisions leading to outsourced warehousing and distribution activities.Warehouse Technology Advancements: Integration of AI, robotics and IoT allows for operational efficiencies including reduced labor costs and improved safety.Warehouse Automation Growth: Significant growth signals a need for efficiencies and the adoption of new technology.Warehouse Space Expansion: There are ongoing developments in the warehouse space to help support the growing demand for infrastructure and warehouse space.Robotics and AI investments: There is a demand for faster throughput and immediate fulfillment which is causing investors to invest more into AI and robotics.Cost segregation becomes an even more critical tax strategy as there is an increase in investments in automation and technology as it frees up cash by creating additional tax savings.Some of the financial benefits that a warehouse investor can expect from a cost segregation study include:An increase in cash flow for automationImmediate tax savingsEnhanced warehouse property valueImproved warehouse ROI by reducing tax liabilities and increasing cash flow.There are many items that can be reclassified for accelerated depreciation through the use of a cost segregation study.

(including Auroa, Lakewood, Golden, Boulder, Arvada, Etc) 💫 My goal with bigger pockets is to help as many investors as possible to find the exact home that accommodates all their needs. 🏠 I first got interested in Real Estate investing since I was 18 years old.

As a result, many investors (including myself) are either spending a very small premium for way fewer headaches in other markets or moving farther afield to more promising opportunities. 

Hey @David Fitch, we use QuickBooks Online exclusively for all of our REI Clients including multifamily owners.

I have called a couple of local banks, including the one that my mortgage is through, as well as larger banks like Bank of America and Rocket Mortgage. 

Who do you have currently in your home market that you can trust - generally you are going to want a trusted "core team" to do long-distance investing - for a flip, should definitely include a trusted partner and/or contractor + agent + lender at the very least

Purchase price: $32,000 Cash invested: $58,354 Sale price: $105,000 5/17/24 purchase.Charming Little 3/1 - We are remodeling all inside and out including new roofing, this is our first project out of state, it will be a BRRRR, hopefully first of many to come.

@Shiloh LundahlYes and what you're doing makes total sense, including the fun part of it.