@Ritu MahajanBuild a solid local team, including contractors, property managers, and lenders experienced with BRRRR.

While we were onboarding the property to the system and trying to figure out the automated sprinklers, he was out there every day watering the lawn by hand, stopping the buck and taking personal responsibility. 

That’s what I was thinking, but just wanted to make sure and ask the more experienced!  

NEED HELP: I am looking for assistance in lawyers and other experienced syndicate mangers to seek advice and some guidance. 

I’d love to connect with experienced landlords and investors who can share advice on getting started, selecting properties, and navigating the Section 8 process.

As an experienced agent working on the Cushman Homes team, I can help guide you through your own STR journey.

Recapture typically happens only when you sell the property.If you use the property partly for personal use and partly as a rental in a given year, depreciation and other expenses must be prorated based on the number of days it was rented versus personal useBased on the current tax laws and regulations, once you've taken bonus depreciation on an asset, you cannot "capture" additional bonus depreciation on that same asset in future years, even if the rates increase.In the 2024 tax year, the rate for bonus depreciation is 60%.

The forums are full of experienced investors who are happy to share advice and tips to help you succeed.Best,Jarret

He didn't learn Sub-To and other tricks until he was more experienced, and he had the money to pour into it and absorb mistakes.

Whichever strategy you choose, ensure you're adhering to IRS rules about prohibited transactions and working with experienced professionals to structure deals properly.Regarding non-recourse hard money lenders in San Antonio, I don’t have specific recommendations.