It’s a testament to our efficient processes and strategic partnership with Rod.

There are pros and cons to both SFR and MFR from both a strategic and financial perspective.

I’m trying to have him see the bigger picture if he puts money in tax advantage accounts first and strategically uses a tax professional, that he will be able to offset his high tax bracket w2.

Even if their question is bat $#it crazy give them the respect they deserve for researching a question and formulating an idea to the group. 

To get started, consider FHA Loans and conventional loans, and be strategic with renovations and tenant management.

A lot of investors don’t understand all the tools that are available to them because you would have to talk to someone that strategizes taxes i.e CPA, enrolled agent, tax lawyer etc. in order to use the short term loop hole, you must rent your STR for 15 days or more and be no greater than avg stay of 7 days.

I’ve been investing here since 2019, and while the numbers can look attractive on paper, the key is understanding the nuances of Detroit’s neighborhoods.There are definitely pockets that can yield the kind of returns you’re looking for, but you’ll want to be strategic about which neighborhoods you’re targeting.

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.

Sometimes, though, it can feel a bit frustrating when you see people in your own network making decisions that, well, could be a little more strategic.

If you have the means to get a loan and house hack in your current situation, I'd think living in a college town and knowing that town and area well would give you a strategic advantage.