Welcome to BP - what strategy are you looking to pursue for your first real estate investment?

The trick is to know the market and have a solid strategy for your approach.

If either of those strategies sound exciting to you, you can reach out to someone like us once you have started investing to minimize your tax burden 

And Sec8 sounds great, but comes with it's own issues.Add it all up you get a low dollar, but high headache strategy, which is a challenge that gets amplified, especially when you are operating remote.

Using a HELOC to fund your first rental can be a great strategy, especially if you want to preserve your cash for other expenses or unexpected costs.

Many companies post rental listings for properties they manage, which can give you an idea of professional pricing strategies in your area.

. - It’s recommended to have clear agreements outlining each party’s responsibilities, profit-sharing ratios, and exit strategies. 4.

We've utilized the VA loan for our current home, and this strategy has worked well so far.

Hi @Drew Sygit, thanks for your response.You shared some good insight, particularly about the classes of tenants that would push back against the strategy I proposed originally.

The same way I'd have a fiduciary duty to shareholders if I was a revenue manager for a hotel chain or airline.Far from gouging, I most often use PriceLabs to automate discounting strategies.