There is more that goes into it but you are essentially a middle man.For fix and flips you don't need a credit if you make relationships with asset based hard money lenders.

I'd deeply appreciate any recommendations you can share based on your experiences, as well as any tips or potential pitfalls to watch out for as we navigate this expansion.Thank you all in advance for your time and insights!

Based on my very limited understanding I would want to leverage my first time home buyer to buy at least a duplex though i would really like to get my hand into a triplex to increase the cash flow while living in 1 unit for a year (lot of tricks and tips here to not have to live in there for a full year which i would like to learn more as well) and lease out other unit(s).

Can anyone convince me why I should start investing in these areas and share more details based on their knowledge/experience?

My name is Jesus Morales and I work for the wholesale company "Ember Holdings" based out of Newport Beach, CA!

Hello @Forrest Brown,I propose a simple process for deciding whether to sell or hold based on the goal of financial freedom.Financial FreedomFinancial freedom requires more than replacing your current income.

Well over the years I have done 1ks reno/repairs, and I know exactly what the reno will be based on what I am told.

Based on my experience I would focus on Facebook rather than other social media platforms such as Instagram, but its worth the shot to try an connect people from Instagram. 

They are:* A welcome email and invitation to join our group's monthly drawing for a gift card* An offer to help any way I can (recommendations for things around town, etc.)* An offer to send them my vendor list (this one gets HUGE response)* An offer to join Homebot for their homes here or up north* A question of who keeps them up to date on the sales in their neighborhood and an offer to be that person.

As long as John satisfies material participation test, he can deduct losses against his W2.Scenario 2 + Cost segregation: assuming John placed this property in service in 2023 - yes, he can deduct cost segregation based depreciation.