Focus on smaller single-family homes, condos with low HOA fees, or multi-family properties in these regions, and build a reliable local team of agents, property managers, and other professionals to ensure a smooth investing experience.

 I have been researching and browsing through bigger pockets and different real estate investment info but haven’t pulled the trigger on anything.

Why ask: Get clarity on the full cost of the program, any additional fees, and what’s included.

You open yourself to much more risk in not being able to finance out of it and being stuck with hard money and those fees/penalties.

That’s if you are on top of everything don’t have to fight insurance for a full payout, have an architect you immediately start working with drafting plans and pulling permits, secure a construction loan, and hire a contractor who prioritizes your construction.

Step 1: pull recent MLS comps within +/- 15% sq ft, within 1/2 mile or so, within 3-6 mos.

Have a late fee in your lease.I have late fees in my lease, but I can't charge them until the 6th.

By and large, QI's have very high ethical standards, and are sometimes overlooked as the engines of this tax saving tactic.]REPUTATION MARKERS 📊INDUSTRY STANDINGMembership in professional organizationsLeadership roles in FEAEducational contributions to the industryRelationships with major title companiesCLIENT RELATIONSHIPS 👥Testimonials from CPAs and attorneysReferences from title companiesLong-term client relationshipsTransparent fee structuresRELATIONSHIP RED FLAGS 🚩Overly familiar with your realtor/brokerKickback arrangements (illegal!)

The data they pull from the tax records on how much a home last sold for, often not updated, or completely wrong.

Ours is a 1 bedroom and has a pull out couch.