With economic and political storm clouds seemingly brewing on every horizon, I find myself starting to think a little more defensively.How do I protect what I’ve built?

It is a financial basket case run by politicians who have no backbone to stand up to the unions and are utterly ignorant of economics from the jump.I highly recommend staying hyper-local for your investments, but if you insist on out of state investing, try Indiana.

Their main focus is to build the largest buyer list they can, and then try to sell smaller wholesalers' deals or pocket listings from realtors.

Even many of the largest hard money lenders don’t make second-position loans.While HELOCs always seem appealing, since you feel the untapped money is burning a hole in your pocket, the current returns from private lending using a HELOC are not worth the risks.

If you’re curious about the model/assumptions or want a copy of the spreadsheet for educational use, please send me a direct message and I’ll share a read-only version after a quick intro.This is intended as a learning post for investors evaluating STR vs long-term multifamily economics.

If you’re curious about the model/assumptions or want a copy of the spreadsheet for educational use, please send me a direct message and I’ll share a read-only version after a quick intro.This is intended as a learning post for investors evaluating STR vs long-term multifamily economics.

This predictable shift fuels consistent demand for multifamily properties, making them a defensive asset during periods of economic change.💼 Stability Through Economic CyclesMultifamily properties cater to a diverse tenant base across various income levels.

Hey Blake, I used to work for the largest relocation company in the country.

Be sure to keep detailed records for the following:🏠 Mortgage Interest – One of the largest deductions available.🧾 Property Taxes – Deduct annual real estate taxes paid.🔧 Repairs & Maintenance – Expenses to keep the property in good condition (e.g., plumbing, painting, appliance replacement).🪜 Depreciation – A major benefit allowing you to deduct the property’s wear and tear over time.💡 Utilities – If you pay for water, gas, or electricity, those are deductible.🧹 Cleaning & Landscaping Services – Routine upkeep expenses.💼 Professional Fees – Legal, accounting, or property management services.🧑‍🔧 Contractor Labor & Supplies – Any materials or hired help for property improvements.🚗 Mileage/Travel – When traveling to inspect or manage rental properties (keep mileage logs).💻 Office Supplies & Software – Including bookkeeping tools, printers, and even part of your home office.Creative Ways to Give Back — and Still SaveGiving back can also be tax-deductible when done thoughtfully:🎁 Tenant Appreciation Gifts: Small gifts such as gift cards, snacks, or holiday baskets (under $25 per tenant per IRS rules) can be deductible as a business expense.🏘️ Community Donations: Contributing to local charities, shelters, or community events near your property may be tax-deductible if donated to a registered nonprofit (501(c)(3)).🧤 Property Improvement Drives: Donating old appliances, furniture, or materials from renovations to nonprofit organizations like Habitat for Humanity can qualify as a charitable deduction.Pro Tip:Before December 31st, review your receipts, invoices, and bank statements.

Due to some economic factors it may be slightly under projections, but it is still stabilized.