That’ll change the whole strategy.Now here’s the part most folks skip — your first mission isn’t “how do I make $50K grow,” it’s “how do I build the man who can multiply $50K ten times over.”House hacking can be great, but don’t rush to throw money at a triplex just because it sounds smart on paper.

On utilities the plumber thought I was a little strange for asking to add a water meter to a well while he was doing some work but it has helped me identify if someone has a drippy faucet or running toilet more than once.

These strategies are how investors legally offset six-figure incomes with paper losses from real estate (or at least optimize their loss timing).Your next step is absolutely to engage a real estate-focused CPA and a Chicago-based RE attorney who understand both liability protection and how to keep your tax filings clean.

The STR Loophole—combined with 100% bonus depreciation—lets qualified investors offset W-2 or 1099 income with massive paper losses. 

If you would rather pay an attorney to file the eviction papers, then pay the attorney to represent you in court, then pay the court filing fees and eviction fees, and then having to wait thru the process for weeks if not months before the court gives a final eviction date???

With interest rates shifting and more lenders selling paper, it feels like note deals might increase.What’s your take — are you seeing more opportunities in the secondary market this year?

Sure, the rental income projections looks good on paper but do you even know WHERE you are buying?

Hey everyone,I’ve gotten pretty solid with the numbers side of investing, but I’m still struggling with the research side.Right now, I feel like I’m spending way too much time manually looking up things like:Rental demand in specific neighborhoodsLocal rental regulations / restrictionsCrime stats and school ratingsAverage days on market for rentalsHousing authority info (for Section 8)General “desirability” of an areaThe issue: sometimes I’ll find a property that looks great on paper, but then realize I actually have no idea if people want to live there.So my questions are:👉 Do you all have a systematic approach to this research?

A great example of this is when we work with land owners and offer to develop the property further to resell paper lots or sometimes we go vertical with either a new home or a small multifamily building.

I had one of my borrowers leave me for a HML who was of course cheaper. and this HML assigned all their paper / or at least his paper to Peer st.