Quote from @Andrew Pierce: I'm looking to get my first property and ran into the strategy of using shared equity down payment assistance programs.

Ive closed a few deals this year and working on a few more but just seems like theres not too many investor out there willing to buy; or if they're willing to buy they want to buy DEEP for example.Had a house in Fort Pierce with an ARV of $330k+ it needed moderate to full rehab but my highest offer was $165k which forced me to renegotiate the deal to the point where i just about lost it just to get it sold for a $5k profit.

Though I do have long distance properties it's for a specific reasons - Cash Flow, Price point and network.Markets like Port Saint Lucie and Ft Pierce might present an opportunity for you.

., for furniture, appliances, lighting if placed in service in 2025)Repairs and maintenance deductions (rather than capital improvements)Avoid Piercing the LLC VeilMixing personal and business funds, even for STR setup could compromise your liability protection.

Quote from @Andrew Pierce: California home prices have been high consistently for a while now, do you believe home prices will ever go back down?

Curious on How Others Would Underwrite ItHey BP community — I’ve been running a short-term rental in Fort Pierce, FL (Treasure Coast) for the past year, and we’re considering transitioning out of it.

Hello BP community - We own about 2 acres in unincorporated pierce country (Puyallup, WA) and are looking to short plat the two tax parcels into 3 or 4.

@Andrew Pierce I actually wrote an article about this on my commercial real estate website take a look https://vkreacommercial.com/market-updates/f/how-immigration-is-driving-multifamily-growth

Surrounding counties like Snohomish and Pierce are following a similar trend, but with less extremes.Good flipping market?

@Matt Boerlage As a single member/disregarded entity, maintaining corporate formalities is important even though piercing the corporate veil is rare.