As an owner of a 72 unit complex and a bunch of single families I would say talk with someone in the space before you dive in too deep it is not all roses like some folks like to say, there are challenges that each type of investment poses.I saw you added a unit on another you have, be sure anything you do or buy has it permitted that way,  not fund to be on the other end of an insurance claim for something that went wrong in an unpermitted unit. 

@Jonathan LeungIf you search The Investors Guide To Memphis Real Estate wherever you listen to podcasts,  YouTube or Facebook (All over Tiktok and IG as well) you will be able to see our Memphis TN Investment Zip Code break down where I talk price points, rental ranges and sales figures form year to year.

Who to hire / ballpark:• Real Estate savvy, Tax strategist/CPA for planning • Cost seg study (condo STR): fee depends on size/firm dependent• Estate plan (revocable trust package)• Hourly attorney (LLC/lease/risk)I would suggest start with a 60–90 min tax planning session to map the 12–24-mo plan, then loop in attorney and (if green-lit) cost seg.

If one has a second home in a high-tax state that rents for more than 14 days a year and is used more than 14 days, would it make sense to convert it to a rental property, given the new tax law?

I have invested in the suburbs outside of Chicago and it has been a great experience.

Regardless of what you do, the important part is you always need to plan for being able to cover the cost of the interest of the money borrowed via HELOC.

Hello, I am completely new to real estate investing.

Having all the plans and documents available makes the process go way faster.

Just finished all New- Fully Renovated Turnkey Investment 8343 Norcroft Dr, Charlotte, NC 28269Property Type: Single-family5 months to complete.

Thanks in advance, BrianThat’s going to be somewhat difficult, but not impossible.Wealth manager, financial advisor, investment manager, etc training is different than real estate investing.