A very good opportunity and it just makes sense to build a new home on this lot since our family continues to grow.

But business returns are not immediate and take time and money to grow.

Look for a market that is growing in population and jobs so that you can get in the way of obvious appreciation. 

As we continue to grow, it's becoming clear that we need a solid system to manage all our leads, nurture those leads, manage owner relationships, and property details so nothing slips through the cracks. 

Remodeling costs increase the property’s basis, while post-rental repairs are deductible expenses in the year incurred.An LLC isn’t necessary for a single rental but can provide liability protection as your portfolio grows.

The thing to remember also is that I buy super duper priced houses.

Anyone that remembers we bought the really ran down house in Anderson, we also finished the remodel and refinanced that one also.

These homes not only appreciate in value but also see growing rental income.

That means creating a clear budget, forecasting cash flow, and maintaining a detailed financial model that tracks both the current and future performance of your portfolio.Tax Optimization & Risk ManagementBeyond financial clarity, strategic tax planning and risk management are essential to safeguard and grow your real estate investments.

I went from growing up in a hut in Vietnam and spending my early years in Section 8 housing in the U.S. to now owning four cash-flowing properties (8 units) across three states.