Well then from what I have seen in the past the majority of these investors end up losing their money as they have no idea what the rules are, I can only imagine how they are handling your money - and it appears this entire post is a case study for what I am saying.

One thing you might also consider when choosing a place to invest out of state is; After you have property there you can visit the area for business and a have tax write off.

Choosing the right action, and being consistent with it. 67% of our business is helping investors, and 6 out of 8 of my agents are investors themselves. 

Or worse ...As you grow your business, so should you grow your reserves.

Our urban bungalows average stay length is over a week as we host a lot of business travelers on extended stays, so likely more important.  

I’ve heard it is bad practice to personally guarantee a business loan. 

We are active on social media and we reach out to independent landlords, leave business cards on vacant properties, and reach out to local real estate agents.

I am a new STR investor and am looking to get cost segregation studies on the 2 STRs I purchased in 2022, with the hope of using them for bonus depreciation against my W-2 income.

And that’s too bad, because the concept can lend “clarity of purpose” for many investors.Often, we in the real estate arena, get caught up in our real estate “business”, with an emphasis on “cash flow” or “spendable” income, the professional investors equivalent to salary for the wage earner  and met income to the small business owner.  

I can listen to books and educate myself on whatever I want while at the gym, in the car, etc.I currently have 200+ books in my library and if you'd like any recommendations on a particular area of study, send me a message and I'd be happy to provide you with some.A couple I'd recommend that will give you a "crash course" are..Buy, Rehab, Rent, Refinance, Repeat - The BRRRR Rental Property Investment Strategy Made SimpleFLIP - How to Find, Fix, and Sell Houses for ProfitThe Book on Flipping Houses How to Buy, Rehab, and Resell Residential PropertiesThis book is not currently available on Audible but a must readThe Book on Estimating Rehab Costs - J ScottBigger Pockets has become one of my best resources.