We've since paid off the HELOC, but realistically it wouldn't be smart to rinse-repeat these days as the borrowing market is obviously MUCH different than it was in early 2022 when we started down this road to begin with.

Of course, it's always smart to keep funds aside for unforeseen or emergency related costs.Others who have already responded have provided some great opinions. 

It would be smart to do a full lease audit, estoppels issued, and tenant interviews.And if you are buying cash, there is nothing mandatory, since it is your money at risk. but again, physical condition inspections, understanding of tenants (they are a great source of information about issues with the property that the landlord may not know or may not disclose), surveys to understand accurate property lines, etc.

If a HELOC isn’t an option due to income requirements, a 1031 exchange into an apartment complex could be a smart move to boost your monthly net cash flow and diversify your portfolio.

With smart negotiations and a streamlined process, we capitalized on the opportunity for a quick and profitable turnaround.

It's straight up math & technology.

This strategy can allow you to scale into a bigger or better-quality property while maximizing your equity.When to Start Looking for PropertiesStarting your search before listing your current property is a smart move.

I mean smart phones are obsolete as soon as you buy it.

Finding a single tax professional who is smart on the varying rules in different states may not be feasible either so those costs go up too.Legal:  Procedures vary in different states. 

Out-of-state investing can be a smart way to find opportunities that simply don’t exist in our backyard, but it’s not without its challenges.