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.  

A cost segregation study is a strategic tax planning tool that separates the assets that have a shorter useful life and can be depreciated over 5, 7 and 15 years from the residential rental property or nonresidential real property that are depreciated over 27.5 and 39 years, respectively.

You need to buy strategically and then market yourself well.

My background as a prior military member has instilled in me a sense of discipline, strategic planning, and a keen understanding of risk management.While I’m aware that financial contributions are often key in partnerships, I’m curious about what other skills and perspectives I can bring.

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.There are over 20 real estate accountants on this site.