My friends just put an offer yesterday for $1.045m on a high growth area .Also, be prepared to be negative cash flow

The Youtube channel (Misesmedia) is also immensely valuable with their on-going lecture series.  

Hey BP Fam,Its Marc here, the Nubie from NJ.So part of my of my investing strategy is to buy and hold multifamily in areas that have a blue collar worker force, specifically in zip codes with major Logistics and Warehouse hubs, as I believe eCommerce and online shopping is fueling their growth, and these fulfillment centers are fast replacing our retail stores - and they need man power to run them.......that being said.... 

Local neighborhood committees and groups are also in support of me developing and bringing in more growth to our lovely neighborhood here in Hartford.

DIYers can save an immense amount of money on kitchens and bathrooms in rental properties, while using materials that will last far longer and take a lot more abuse than what you usually find in these apartments when they're run by hands-off investors.Most cases, I am my own salvage group.

Because there is high demand for these areas by homeowners it compresses the cap rate and then you can hope for appreciation but there are a lot of people who have been sitting around Baltimore waiting for appreciation while nearby markets like Philly and DC have experienced tremendous growth since 09. 

I chose it because it has shown steady appreciation and job growth, gentrification projects, and decent cashflow.

Apartment Industry Statement on Trump Administration Executive Order to Rescind or Temporarily Waive RegulationsThe National Multifamily Housing Council (NMHC) and the National Apartment Association (NAA) applaud the Trump administration’s signing of an Executive Order directing agencies to use emergency authorities to identify regulations that can be rescinded or temporarily waived to encourage economic growth and recovery from the effects of COVID-19.

I am assuming these companies conducted serious due diligence on future area growth prospects prior to moving forward.ExpensesProperty taxes (Annually): $13000Obviously not ideal.

The stock market has a long history of growth and until you have some personal experience in real estate investing you should be cautious with your retirement accounts.I would suggest rolling the 401(k) funds into an IRA and doing annual Roth conversions each year to fill up the lower tax brackets. 5 years after you convert a portion of your IRA to a Roth it is counted as the “basis” and can be taken out of the account without any taxes or penalties.