Ive been operating as a Turnkey / BRRR provider in Little Rock, Arkansas for ten years.  

Quote from @Barney Shipman: Hello and thrilled to join BiggerPockets to learn and grow my investment.New investor with one condo valued at 350k own it free and clear producing 2,500k monthly rent with total monthly expenses of 845. 

Making me one of the top producers in the state of Texas.

My company specializes in conducting as-built surveys and producing floor plan drawings needed for all types of renovation projects.

Roof repair cost doubled because contractors charged premium for the fact that to get workers they needed to pay double - because workers would be constantly harassed by “neighbors” who thought throwing rocks at workers on the roof was a fun sport. 

Unless you’re going remote and hitting multiple markets, you’re usually working with a list that might only produce a few dozen new leads a week.

 $200k equity produces $800 profit is a 4.8%.  

LTRs offer stability, while STRs can produce higher returns, but come with more risk and management needs.STR Tax Advantage: If you materially participate (100+ hours and more than anyone else), you can qualify for the STR loophole, allowing bonus depreciation to offset W-2 income, without needing full REPS status.Use Cost Segregation: Ask your CPA about doing a cost seg study to accelerate depreciation, especially if 100% bonus depreciation returns in 2025.Backup Options: If managing real estate feels overwhelming, consider a Delaware Statutory Trust (DST) for a passive 1031 route, or an installment sale to spread the tax burden over time.Meet with your CPA and 1031 intermediary to ensure your reinvestment strategy is tax-optimized and aligns with your comfort level on risk and management.This post does not create a CPA-Client relationship.

I have a 750k home in Colorado with a 9000sqft lot for the same price as this homestead in TX on 30 acres with three income producing cabins.

I own a property management business in Little Rock, Arkansas.