I’ve worked with tons of investors in Phoenix and Austin for the last 20 years, and I can tell you firsthand that there are no shortcuts.

Think about what you are attempting to achieve, then put it down on paper.

I am a successful real estate investor who recently acquired his real estate licence to help people achieve the same kind of success and I thought what better way then to write down everything I know into a short compact book full of important information.

Once that is identified, can you afford to achieve it and does it meet your expected return?

Unfortunately, this leads investors to view return of capital as the most critical deal metric and deals that may have better fundamentals which are indicative of long term success are dismissed because 100% return of capital cannot be achieved. 

White subway tile + white paint + white cabinets + black finishes = a great formula to keep cost low while achieving a modern look that will appeal to buyers.Happy to connect and hope this helps!

Next up, think about what you want to achieve.

However if I do a BRRRR I can achieve infinite return by extracting all of my investment.

This strategy allows you to learn property management firsthand with less risk.

Therefore if you purchase in say September, your current years tax bill will be based on the current years value which may be even lower than what you can achieve with the exemption and on investments the value will be updated according to your ATI and will not be reassessed by the county for five years as well as once it is, the increase is capped to a 15% increase in value which is not common and can be appealed which is less often than many other states.Yes, the effective tax rate comes out to a difference of say 0.5% on personal residence to 3.0% on investments, but I would say handling it the right way up front and budgeting for it in your analysis is better than risking it another way.