. - Rents are also a function of supply - 2024 saw the most new construction of multifamily units in American history (nearly 575,000 estimated 2024 deliveries of new multifamily inventory), and 2025, while not a record setting year, will see deliveries top 500,000 again - a huge supply increase. 

Network with local investors to understand what formulas they're using.3.

I believe this because I think that on the whole, his first two weeks of actions are likely to: - Have zero no impact on near-term supply (deliveries for single family and multifamily homes 2025 are a result of actions put into motion several years ago)- Put upward pressure on interest rates: Trump's demand that the Fed lower rates will have absolutely no effect, other than providing a cheap source of easy social media clicks and engagement for real estate pundits. 

My network of cpas, attorneys and investors are telling me it’s still worth it because of appreciation and tax benefits.

We share best management practices, systems & tools, and our networks.

Tacoma is a fantastic market with a lot of opportunity, so you’re starting in the right place.Here’s how you can connect with local experts and start building your skills:Attend local meetups and networking events.

I suggest before that, get heavily networked into your target market. namely with the older investors.

REI Network Cold Calling 101 courseAnd each and every time, I felt completely ripped off (ok... to be honest, the REI Network Col Calling 101 course doesn't seem that bad... but it was the last course that I purchased and by then, I was so utterly disgusted with Joe McCall and all his upset BS, that I became cynical and jaded by that point!).

Once you narrow it down, start with small jobs to test their reliability and quality before giving them bigger projects.Building a solid network takes time, but having dependable people on call is a lifesaver for your rentals.

Bigger Pockets is a great place for education and networking.