I am new and feedback like this helps me tremendously.  

This is a great time to look into the New York multi family market.Brooklyn has seen the highest percentage increase in inventory (74%) compared to other NYC metro area counties since last year (source: oneKey MLS). 

Hey, I am a new investor starting out in Birmingham, Alabama.

Hello, I am new to real estate investing and I have a tentative verbal deal on a pre-market lake property that I would eventually like to make my retirement home (10 years or so).

My name is Jeff Pena, and I'm happy to join this community as a new real estate investor.

I would be using the equity to purchase a new house for myself and my parents (they’re older now and need help)

Regardless of the bonus depreciation phase out, it continues to be a favorable strategy that creates significant tax savings.ReclassificationDuring a cost segregation study, the real property is reclassified into new categories of personal property based on its useful life.

Should I create an LLC in one of the states I target?

I have had a couple of opportunities to market similar properties time on the market, desirability etc and having a sharp property with decent ceiling fans helps.I think it depends some on the property and the target audience as I have investors with lower priced multi-units with no fans on purpose that work out very well. 

The positive reviews are very short and look to be posted by employees, affiliates, or brand new investors without much experience with them.