Determine investment strategies like buy-and-hold, short-term rentals, BRRRR, or partnerships, analyze numbers, consider creative financing options, build a strong team, and start small and pivot as needed.Good luck!

With your CPA background and audit experience, you already have a strong foundation for analyzing deals and understanding the financial side of real estate—a huge advantage as you dive into this new journey.

That is why the acronym BRRRR is so popular and it has a track record of winning because inside that BRRRR is a metric that can be measured and replicated.

Are there particular tools or resources you recommend for finding and analyzing comps accurately?

Here are my thoughts on your questions:Pain Points: Many investors struggle with quickly analyzing deals at scale.

It’s a popular way for new investors to dip their toes into real estate because it allows you to generate rental income while reducing or even eliminating your monthly mortgage payment.While house hacking can be done with single-family homes (by renting out rooms), multifamily properties, such as duplexes, triplexes, and fourplexes, take the concept to the next level.

However, the rising popularity of mid-term rentals, lasting 3-12 months, is also noteworthy.

You might also consider using the BiggerPockets Pro tools to analyze specific properties and connect with investors who have experience in those regions.Additionally, networking locally through real estate meetups or investor groups in your target area can be invaluable.

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

Hello all, I am struggling to analyze multifamily deals in my area.