Taking this a step further:  Bring in Indian, Bangladeshi and Pakistani new immigrants to share the rooms. 

Splitting the gift across multiple years may reduce immediate tax reporting but requires appraisals, legal documentation and proper structuring.If the house is highly appreciated, holding it for inheritance may be more tax-efficient because the recipient would receive a stepped-up basis to the FMV at the time of your passing, eliminating much of the capital gains tax liability.This post does not create a CPA-Client relationship.

It seems that most of the BP influencers I have seen over the years have stepped into MF syndication with varying results.

One of our most trusted developers from Yucatán, Mexico, who’s been making waves with their focus on sustainable growth, innovative design, and delivering great value to investors, is taking a big step—they’re building a luxury resort in Orlando!

Also, not very easy to use typical methods of valuation like comparable sales - there is no public tax assessor's website that you can just freely grab this from. 

But, then those two sold properties can be used for comps making the BRRR method more viable on subsequent properties. 

You profit share with them for the first 10 deals (at the higher levels) because they really are right there with you holding your hand, and as I mentioned, doing three way calls, etc. every step of the way.  

I am looking forward to connecting with everybody and taking another step toward my aspiration-to be a real estate investor.Thanks for having me!

Hi Simon,Scaling from single-family to multifamily is a solid move, and a 10-15 unit building is a great next step.

It can be a bit of a juggling act, but it’s a method some investors use to grow their portfolio without waiting years for equity to build.I guess what I'm saying is, it's not just about waiting.. it's about finding creative ways to leverage what you already have.