It’s a real blessing to be part of renovating and improving these homes

With proper setup, compliance, and tax planning, your STR can become a high-performing, tax-efficient asset.This post does not create a CPA-Client relationship.

You can improve your chances of always having reliable tenants by buying properties that appeal to tenant segments made up of stable, dependable people.

The involvement of a qualified tax professional is essential to ensure that taxpayers navigate the process accurately, efficiently, and in compliance with current tax laws.

If it still doesn't improve, follow your lease's process for lease violations.

Since then, I’ve been focused on self-improvement—studying wholesaling through podcasts, books, and videos—and now I’m eager and ready to take action, whether it’s virtual or on-the-ground wholesaling.

I’m most interested in BRRRR and buy-and-hold rentals, and I keep going back and forth between starting with a small multi-family (duplex/triplex/fourplex) or a single-family rental.Here’s where I’m stuck:SFRs seem easier to manage and may be less intimidating for a first deal, but the cash flow might be tighter.Small multis could bring stronger cash flow and efficiency, but I’ve heard they can be tougher to finance, and vacancies or tenant issues could hit harder if I don’t have a solid team yet.For those of you who’ve been down this road already:Which one did you start with, and why?

Brandon,Speaking from a Banker standpoint the most popular and cost efficient method to build your REI portfolio is a Cash Out Refinance.

Strategy considerations:Start with one or two properties to get your feet wet - whether it’s turnkey SFRs or small multifamily - and focus on cash flow and systems.Keep an eye on financing options that could allow you to leverage capital efficiently.

We’ve seen several investors improve property performance by refinancing strategically — unlocking equity that was just sitting still.Even with higher rates, it’s about positioning your cash flow wisely.Anyone here recently done a refi on a rental or small multifamily?