He’s a big believer in smart investing.

I’d love to start small and smart, but I’m also feeling overwhelmed with how to choose the right market from afar.Has anyone been in a similar position?

Hey BP community,I wanted to share a quick success story about one of my clients who's been making smart moves in Delaware County, PA, with two solid investment properties that are performing well.🔹 Deal #1:Purchase Price: $220,000Renovation Costs: ~$60,000All-In: $280,000Rented For: $2,800/monthThe tenant just renewed for another year, and we were able to increase the rent slightly to keep pace with inflation.He recently completed a refinance on this property, and it appraised at $385,000 — a great bump in equity that gave him some options for the next deal.🔹 Deal #2:Purchase Price: $228,000Renovation Costs: ~$45,000All-In: $273,000Rented For: $2,500/monthThis one was just recently completed and rented.

Quote from @Colin Tandy: I wanted to share a real-world cautionary tale, and might be something others here need to be aware of.A couple in Florida recently saw their property taxes jump from $15,000 to $91,000 a year after doing what many of us might call a smart long-term move: renovating and expanding their home.They kept the foundation and outer walls intact, assuming their homestead and Save Our Homes protections would remain in place.

@Jay StylesWith $20K to invest and plans to move within a year, you're in a great spot to start small and smart.

@Amir GermanHouse hacking with an FHA loan is a smart move, especially in high-priced markets—low down payment, flexible credit requirements, and you can live in one unit while renting the others.

The serial number of the device is registered with their email, so a factory reset wouldn't help. 

I think its really smart to "house hack" into real estate.

At one point I talked to my financially advisor and he said that it would be smart for me to open a HELOC on the property, but not draw from it, except in the case of emergencies.  

It's still a smart strategy for steady deductions and low audit risk.This post does not create a CPA-Client relationship.