For us, still in a growth mode, we take action and figure out how to redeploy that equity into other real estate through either cash-out refinancing or selling and 1031! 

Hi BiggerPockets Community,I’m exploring the idea of renting my 5-bedroom property in Tampa, Florida, to traveling nurses and could really use your advice! 

Get to real estate meetups and network with people out there doing deals.

@Drake BackmanBigger Pockets is a great place to find a tax strategist specializing in real estate taxation.A good real estate tax strategist can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding a tax  strategist specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your tax strategist remotely to expand your options.I would also recommend looking for a tax strategist willing to work with you throughout the year.

Based on what my real estate agent thinks that this quote will be, roughly, and the after repair value, it looks like I could buy this property in cash, spend a month or two fixing the damage, and then put a mortgage for roughly 1.6x what I paid for it and thus have a cash flowing property at a few hundred dollars per month and a little more money in my bank account ready for a down payment on the next deal.

And are there any meet up groups you would recommend joining for real estate investing ?

Quote from @Palak Patel: Hi everyone,I am a new in real estate investment.

I'm new here and about to dive into my first real estate investment.

Hey ChrisAI and Machine Learning are increasingly useful in real estate for various tasks.

Learning that I prefer money invested in real estate over money sitting in the bank... don't we all?!