Market Analytics: Use data analytics tools to study market trends, price forecasts, and neighborhood demographics.

Hey Jimmy,2x Los Angeles house hacker here (and a case study in the BP book, The House Hacking Strategy).In terms of age, it can make a difference but it comes down to what work has been done.

I would add on for research the podcast “ We study Billionaires” they have recently done a split in their podcast.

That’s why I’ve decided to dive into the real estate investment (REI) space now, rather than waiting until after graduation.Currently, I’m studying for my real estate agent license in New Jersey, which is my home state.

You'll know this because you've been studying the market. 

You’re correct that prior year losses generally can't offset W-2 income, but any new depreciation from cost segregation studies on properties in 2024 should be eligible.

My name is Christopher, I have studying real estate investing for probably about 7 years.

Do a cost seg study and take bonus depreciation to offset other income.

I need to study all the options.

Relationships are key in this industry.4.Analyze Markets: Whether it’s your local area or out-of-state, study the market’s potential for growth, rentability, and appreciation.5.Take Action: You don’t need to know everything to get started.