It fits within our buy right criteriaWe own 12 units right next door.Newer vintageThe three beds are in high demand, and we are blowing away the 1% ruleThere is very little cap exWe focus on PPU (profit per unit), and this is going to profit nicely and add to our scale in that part of the marketExit strategy is to refinance our capital out when rates drop, and to hold long term.You have to be willing to take what the defense gives you, and you have to understand all of the investing strategies and know when to use them2021 and 2022, we only did about 200 units, smaller deals, but very profitable and we’ve refinanced all of our capital.2023 was an excellent year. 128 units, 105 units, and 97 units.If you aren’t doing deals, you can always be improving operations, meeting more potential investors, and creating more relationships.Life is like real estate.

Remember, when it comes to taxes, thoroughness and compliance are your best defenses against IRS scrutiny.No matter what tax advice you receive, remember that the devil is in the details, and the IRS will scrutinize your claims closely.

I went to a tech conference in Chicago last week and heard about it. it’s going to help investors like myself soooooo much!

I've never paid for a class, and the STR conferences and talks I've gone to, you have to listen a long time to glean a few small nuggets. 

And you want to attend 2 real estate conferences.

OMG.....defense....testimonial story....call to action for the referral.  

Would you entrust your criminal defense to a real estate attorney or a divorce lawyer?

Read books and attend conferences.For me, here is how I first started BP (BiggerPockets):- BP forums - BP podcast (Rookie) - Books (Rich Dad, Poor Dad, Profit First, and some BP ones)- Local Meetup in my area - Conferences (BPCON2022, BPCON2023, and soon BPCON2024)I hope this helps!

Upon receiptof such notice, Owner will promptly notifiy Agent whether Owner will undertake the defense.

When I started asking questions like that actual name of the company they use for background checks and verifying identity… she started to get defensive… apparently it’s a $1,000 to have them get your guaranteed short term funding.