![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1667205/small_1706021666-avatar-clintj10.jpg?twic=v1/output=image&v=2)
1 April 2024 | 48 replies
Keep a room inhabitable for him/her to stay.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/978541/small_1697933119-avatar-davids837.jpg?twic=v1/output=image&v=2)
1 April 2024 | 3 replies
Thanks for posting this and keep up the hustle @David Serna
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2836523/small_1711121404-avatar-minhol1.jpg?twic=v1/output=image&v=2)
1 April 2024 | 20 replies
I understand this is not an easy task as the price in those areas are increasing, but we're trying our best to keep the maximum budget at $500K for the primary residence.- We have started the pre-approval process with a lender and have a realtor we're working with to purchase the houseInvestment Strategy:- Aim to maximize cash flow while seeking appreciation.- Ideal cash flow target is $2K+ per month.- Planning to allocate the remaining $250K towards purchasing two properties in the Midwest market (e.g., Cleveland, Columbus, Indianapolis, Kansas City and open to exploring new areas where the entry point is affordable but the cash flow is stable).- Seeking properties that can generate $2K+ a month in combined rent after factoring in property management, insurance, and property tax expenses.Seeking Advice:- Would purchasing two houses in the Midwest to achieve $2K+ cash flow per month be a sound strategy, or do you recommend alternative approaches?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2164931/small_1622762074-avatar-davids2085.jpg?twic=v1/output=image&v=2)
1 April 2024 | 10 replies
It can only protect you if you are honest, a landlord who keeps health and safety codes up, you have great insurance, you never mix the money, and you are lucky.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/9011/small_1621348727-avatar-jgonzalez.jpg?twic=v1/output=image&v=2)
1 April 2024 | 1 reply
Also, since a cost segregation study increases your cash flow, you can reinvest that cash flow into your property to make improvements which therefore increases the value.Improve Liquidity for Estate PlanningThe accelerated depreciation created through a cost segregation study reduces your taxable income which means you are paying less in taxes and get to keep more cash in the bank.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2361581/small_1694653135-avatar-justinm740.jpg?twic=v1/output=image&v=2)
1 April 2024 | 11 replies
On top of everything above- keep in mind that with every "head in bed" you need to scale up the number of seats at the dinner table, space/seats living room, towels, plates etc etc.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2622639/small_1671402659-avatar-benjamino82.jpg?twic=v1/output=image&v=2)
31 March 2024 | 6 replies
I would try to keep it in house.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2983447/small_1711641878-avatar-cilliank1.jpg?twic=v1/output=image&v=2)
1 April 2024 | 4 replies
One thing to note is by paying it down, it can hurt liquidity so if that is an issue, keeping it in a bank account would be a better bet, but if liquidity not an issue, then I agree 100%
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/270540/small_1621439006-avatar-sanjeeva.jpg?twic=v1/output=image&v=2)
1 April 2024 | 0 replies
Advani recommends keeping a close eye on economic indicators such as employment rates, GDP growth, and inflation as they can provide valuable clues about the health of the real estate market.Making Informed DecisionsAbove all, Advani stresses the importance of making informed decisions based on thorough research and expert advice.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/399840/small_1621449176-avatar-justin80.jpg?twic=v1/output=image&v=2)
1 April 2024 | 7 replies
I think we need to keep blaming the landlords and introduce additional rent control legislation to fix the issue.