The general appreciation is greatly telling and in certain strategic neighborhoods such as West Little River and Little Havana it's investment performance at it's finest.

Jamie Sepulveda broker/owner of Strategic Property Management.

When I sold that property, I was able to buy 3 more in that next 12 months, and free up capital which helped me strategically target value add opportunities ever since.I now own over 10 income producing properties in my market, and have started to really see the benefits of long term investing in real estate.

You want an accountant that can help you strategize and who is responsive when you want to know the tax consequences of the decisions you are making throughout the year.You also want an accountant that has experience with multi-state tax returns. 

A cost segregation study is a strategic tax planning tool that separates the assets that have a shorter useful life and can be depreciated over 5, 7 and 15 years from the residential rental property or nonresidential real property that are depreciated over 27.5 and 39 years, respectively.

Keep studying, be strategic about who you work for and the jobs you take. 

@Cameron Riley - it starts by seeking them out, NOT by telling people you are looking for one, cause they are everywhere, but simply being strategic about where you go, how you interact and asking people that are doing/having/producing what you want, and they generally can give you strong referrals.        

Hi Bigger Pockets members,I'm a newbie investor looking to purchase my first income property this year.  I live in SoCal and as everyone knows home prices are high.  I have about $140k to invest and am debating if I s...

Once you've established that you can get with a QI to look at strategic use of a 1031.

. :)Ummmm....I was asking about the strategic aspect of these moves.