Looking to house hack in NYC and buy multi families in more affordable markets to maximize cash flow.

Our first child was just born a few months ago, so our primary REI goal is to maximize cash flow so I can transition away from my 9-5 job to spend more time with my wife and son (my wife works remotely from home).

Hello fellow BP members - My "unfair advantage," has come along and I was left a chunk of money after a family member unfortunately passed away. I will have around 300k cash after liquidating all assets, etc. which sh...

Then what you're talking about is extremely, extremely expensive teardowns, with the so-called "missing middle" being put there to maximize the economic return, which means that you will have extremely expensive rent/buy condos/townhomes/2-3-4-plexs.California suffers from the perfect storm of stupid policies, bad street planning (that's actually getting worse), some real actual natural constraints to building, and receiving a massive local inflation hit from not only the Fed's money printing machine but also from overseas investors who also have monopoly money looking either a place to dump some cash or somewhere to have an anchor baby.

Your broker has his own agenda and it does not align with your agenda when you want to maximize your profits and your broker tells you that everything he has to sell you is perfect for you as long as you are dumb enough to take the bait.Never trust someone when it comes to your money.

I respect your perspective and I understand owners want to maximize profits.

It’s a tool that helps companies maximize their cash flow and bottom line.

You don't need to maximize the cash out.

As for the rest of your questions (2) I'm open to all asset classes with the focus being on the "right" type of asset to maximize depreciation (I.e. more value in improvements relative to land cost since it's not depreciable)

I see investors raise deductibles to maximize cash flows but that would also bring higher risk in the event of a loss.