Got me to click :)Way to crush it and set yourself up for long term wealth building!

The land represents ~1% of the purchaseOn the contrary - if you purchase a $2 MM shack in manhattan on a postage stamp lot, the land could represent 99%Lever 2 - % of the property with a shorter useful life.Not all parts of a piece of real estate are depreciated at the same speed.Certain personal property assets have SHORTER lifespans in the eyes of the IRS vs the standard 27.5/39 year livesProperties with tons of this often have:- Over-developed land sites (hardscaping, pools, retaining walls)- Fancy Fixtures- Fancy Furniture (STRs!)

Hello BP Community,This is my first post and I am not sure if I am asking too much!

We can set a time to hop on the video or hell you should come check out Chicago for yourself! 

What I have found is that like cabins, one with a view and the other with a pool, that the pool cabin will significantly outperform the view cabin, all other things being equal.

You have come to the right place to begin your investing journey.Awesome board with many smart people having own suggestions and ideas to grow wealth!!

Curious to get some tips from folks that have a larger portfolio (say 50+ units or larger) across multiple MF buildings (so different acquisition dates, financing, etc.) and what software you use?

This is what I’m seeing in the market: Leaning on existing lender relationships is generally the path towards originations these days.

Develop an itemized list of the various risks specific to your proposed investment, and the cost to you of each.4.

Good old Uncle Sam.For most folks in the US, taxes are anywhere from 30-50% of their gross income every year.To protect yourself, you should do 2 key things.1.