i've also become a guest to the official real estate rookie podcast show episode # 465check me out on their episode here!  

The IRS generally does not allow you to deduct expenses for a property that has not been placed into service, as deductions typically apply to operational properties actively being used to produce income.

We have to get active and vote these lawmakers out https://myemail.constantcontac...https://www.aacsc.org/As a Result of COVID-19, AB 1436 (Chiu) Is Introduced.Tenants May Be Authorized To Indefinitely Stop Paying Rent♦♦♦♦♦♦Please call our Senators (listed below) and urge them to VOTE NO !

You STRs tend to be a little higher end and guests have higher expectations.

Although I haven’t received an acceptance yet, I’ve been actively sending out LOIs to property owners.I’m aiming high with my first acquisition because I’ve heard many investors wish they had gone larger at the start.

Here’s a deeper dive into what’s shaping rental trends:Would love to hear your strategies and perspectives, especially if you’re active in the Columbus market!

While sophistication of your equity partners (private money lenders) will vary between residential and commercial, the principle of raising private capital is the same.You need to develop your own system which allows a constant stream of PML even when you don't need the funds and/or don't have an active deal under contract.For example; I raise private capital by offering free educational workshops for people with self-directed IRAs.

A contact of mine has been thriving with STR investments in suburban Chicago, targeting guests visiting for conferences.

Hotels lose money with no guests.

No active projects yet, but I’m gearing up to dive into multifamily properties, ideally 16+ units, with a focus on creative financing and NOI optimization.