It's a real pain to enforce but it's worth it.The majority of carriers right now have a loss rule on new business that varies but goes something like this... they will not accept your new policy if you have a loss in the last 3 or 5 years.

I'm open to connecting with real-estate agents as well!

I plan to focus on short-term rentals in a property that I’m house-hacking, and hopefully move on to multifamily properties from there.I purchased Brandon Turner’s books Rental Property Investing and Investing in Real Estate with No Money Down.

Connect with a lender familiar with your investment strategy to set yourself up for success and continue building your house hack stack.I recently interviewed a local lender to dive deep into these details and talk about all the nuances.

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Hello everyone,I’m Alex Marti, a commercial real estate agent with a passion for investment opportunities.

Consulting with a real estate attorney or CPA is recommended.Good luck!

A Section 1031 exchange, often referred to as a “like-kind exchange,” allows for the deferral of capital gains taxes when you reinvest the proceeds from the sale of real property into another real property of like kind, used for investment or business purposes.Unfortunately, you cannot use a 1031 exchange in this scenario because the sale of a primary residence and the purchase of a small business do not meet the “like-kind” requirement.

Here's some guidance on buying your first investment property in Southern California or Columbus, Ohio:Down payment:For investment properties, lenders typically require 15-30% down payment on your first investment15% down is possible with excellent credit (700+ score)20-25% down is more common, especially for multi-unit propertiesSection 8 considerations:Pros:Guaranteed portion of rent from governmentPotential for longer-term tenantsMay be easier to fill vacancies in some areasCons:More paperwork and inspections requiredRent amounts set by local housing authorityPotential property damage concernsOther tips:Research local markets carefully - price trends, rental rates, etc.Factor in all costs - taxes, insurance, maintenance, vacanciesConsider starting with a single-family home or small multi-unitBuild a team - real estate agent, property manager, contractorsHave cash reserves beyond just the down paymentUnderstand landlord-tenant laws in your chosen locationI'd recommend talking to local real estate agents in both areas to get more specific market insights.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?