New Bigger Pockets Member

Phoenix, Arizona
New Member Introductions
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New Bigger Pockets Member

Troy Jones
New to Real Estate · Phoenix Arizona · Member since 2025 · 1 post · 6 votes

I’m looking to connect with other investors, share ideas, and learn what strategies are working today. I’m exploring a few options—buying a long-term rental property, house-hacking a new primary (maybe a multi-family) and rent out my current property, or even try short-term rentals for potential higher cash flow and tax benefits.

I'm Excited to learn from this community as I start my real-estate investing journey.

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Melissa JusticeBusiness Member
Rental Property Investor · Phoenix, AZ · Member since 2024 · 518 posts · 1k+ votes
11mo

Hey Troy - I'm out of Phoenix as well. Glad to connect. Feel free to DM me. 

[email protected]313-221-8718
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  • Mason WeissBusiness Member
    Realtor · Phoenix, AZ · Member since 2021 · 523 posts · 239 votes
    11mo

    Welcome to the community! There are tons of different routes and options for you, best thing to do is choose one and give it everything you got!

    [email protected]480-818-7745
    0Reply
  • Tyler FoshePro Member
    Rental Property Investor · Los Angeles Area · Member since 2021 · 58 posts · 23 votes
    11mo

    Hi Troy,

    Welcome to the BiggerPockets community! It is great to meet you. Real estate has changed significantly over the past few years and strategies that used to work are challenging now. Many long term rentals no longer cash flow without a large cash down payment or simply purchasing with cash. The short term rental market is saturated in many areas and supply is starting to exceed demand. House hacking a small multi-family property and renting your current primary residence is probably your best option at this point. You are in the right place to get all the tools and resources you need to start your real estate journey.

    Good luck!

    0Reply
  • Patrick O'SullivanBusiness Member
    Property Manager · Phoenix, AZ · Member since 2024 · 529 posts · 201 votes
    11mo

    Welcome to BiggerPockets, @Troy Jones!

    Phoenix offers tremendous opportunities, and this community is a powerful place to learn and connect with other investors. I look forward to hearing about your success.

    My focus is on the multifamily brokerage and management space. Feel free to reach out if I can ever be a resource for you. Happy to connect! 

    [email protected]480-795-7938
    get MULTIfamily Property Management4.7220 Reviews
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    0Reply
  • Nadeem Alamgir
    Real Estate Agent · Member since 2023 · 831 posts · 577 votes
    11mo

    Welcome to BiggerPockets @Troy Jones

    0Reply
  • Min ZhangBusiness Member
    Real Estate Agent · Member since 2022 · 1k+ posts · 1k+ votes
    11mo

    That’s awesome, Troy! sounds like you’re thinking through this the right way. Each of those strategies has its pros depending on your goals and risk tolerance. Personally, I started by house hacking a small multi-family before expanding into long-term rentals and it gave me a great foundation to learn property management while building equity. Happy to keep the conversation going!

    [email protected]614-412-2912
    Reafco.512 Reviews
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  • Drew SygitBusiness Member
    Property Manager · Royal Oak, MI · Member since 2012 · 12k+ posts · 9k+ votes
    11mo

    Recommend strong consideration for buying a 2-4 unit, living in one and renting the rest.

    Benefits: more cashflow and you'll learn a LOT to turbocharge your growth!

    You can also experiment with MTR & STR guests to further boost cashflow.

    [email protected]248-209-6824
    Logical Property Management4.9458 Reviews
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    0Reply
  • Ashish AcharyaBusiness Member
    CPA, CFP®, PFS · FL · Member since 2017 · 5k+ posts · 3k+ votes
    11mo

    @Troy Jones 

    It's a great move to explore different real estate strategies with tax planning in mind. Long-term rentals offer steady depreciation deductions that can offset rental income and lower your taxable earnings. House-hacking allows you to deduct a proportional share of expenses like mortgage interest, utilities, and depreciation while still potentially qualifying for the Section 121 exclusion on the sale of your primary residence. Cost seg and REPS status with LTR will unlock the god mode of tax saving.

    Short-term rentals can deliver higher cash flow and unique tax advantages. If you materially participate, you may be able to use property losses to offset other income, especially when leveraging cost segregation and bonus depreciation. Each path has distinct tax implications, so partnering with a real-estate-focused CPA can help you maximize deductions and build long-term wealth efficiently.

    This post does not create a CPA-client relationship. The information contained in this post is not to be relied upon. Readers are advised to seek professional advice.

    [email protected]941-914-7779
    INVESTOR FRIENDLY CPA®5241 Reviews
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  • Aaron ZimmermanBusiness Member
    Accountant · Chicago, IL · Member since 2018 · 2k+ posts · 1k+ votes
    11mo

    Short term rentals can be a good way to get into this market. However, be aware that it is Truly a business. It's not necessarily a passive endeavor by any means.

    that said, there are some significant tax advantages if you use the short term rental strategy. 

    [email protected]
    Brick House CPAs53 Reviews
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    0Reply
  • Drago Stanimirovic
    New to Real Estate · Miami, FL · Member since 2024 · 1k+ posts · 451 votes
    11mo

    Welcome, Troy! You’re thinking like a true investor already  exploring multiple strategies like long-term rentals, house-hacking, and short-term plays shows you're tuned into both cash flow and tax advantages. Phoenix is a dynamic market with strong fundamentals, so you're in a great place to get started.

    Keep asking questions, run your numbers, and connect with others here  it’ll accelerate your learning fast.

    0Reply
  • Melissa JusticeBusiness Member
    Rental Property Investor · Phoenix, AZ · Member since 2024 · 518 posts · 1k+ votes
    11mo

    Hey Troy - I'm out of Phoenix as well. Glad to connect. Feel free to DM me. 

    [email protected]313-221-8718
    3Reply
  • Ken M.
    Investor · Get yourself trained before doing something inadvisable. · Member since 2024 · 3k+ posts · 1k+ votes
    11mo
    Quote from @Troy Jones:

    I’m looking to connect with other investors, share ideas, and learn what strategies are working today. I’m exploring a few options—buying a long-term rental property, house-hacking a new primary (maybe a multi-family) and rent out my current property, or even try short-term rentals for potential higher cash flow and tax benefits.

    I'm Excited to learn from this community as I start my real-estate investing journey.

    Howdy. Are you fully funded and ready to go or looking for funding and direction?

     Since you haven't replied to all of the greetings and helpful advice in over 9 days, I'd guess it's a pipe dream. :-)

    0Reply
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