Sometimes just talking it out with someone who’s done it before can give you the confidence boost you need.In the end, you'll have to learn mostly from experience on your own and through others.

Energy tax incentives were expanded and extended through 2032.Be sure to keep an eye out for any changes to 1031 exchanges and capital gains tax rates.Buy, Borrow, and Die StrategyA great estate planning strategy for transferring wealth and minimizing taxes is the Buy, Borrow and Die Strategy.Buy: Purchase multi-family properties that are appreciating in value.Borrow: Use HELOCs or cash out refinancing to pull equity out of the property as it appreciates.

Land banking in the path of renewable energy projects could definitely pay off, especially if you choose parcels with the right zoning and infrastructure in place.While my focus has been more on the East Coast, I’d love to hear how things are shaping up in Kern County.

The issue with doing this method is it takes more money up front for the renovations, you are buying older properties which may have more needed capital expenditures, and it takes more time and energy.

You will have to spend considerable time and energy getting familiar with a new market whereas if you stick with the original one you appear to have enough capital to get started right away on a new building.

I only turned off Instant booking during Covid.It been back on for a long time.My Vrbo account manager also said be sure to offer a 10% discount on week or longer stays to help boost your search position. 

Yes, all forms of energy development do get funding by the government. 

You'll be better off spending your energy learning how to hire the right PM instead of trying to PM it yourself.

I can't tell you how many properties have units easily convertible from 1 bedroom to 2 bedroom units, units with favorable dimensional standards which can boost rents with no photos to showcase these attributes, assessment square footage that is not correct,  upgrades not identified in the marketing materials etc.

This strategy comes with some more risk & involvement, but can be a creative way in the TK space to scale quicker.Ultimately I think it comes down to being honest about the level of time, risk, energy/stress & capital you want to invest & then determine which direction to invest in based on that criteria.