Thank you so much for the insight guys ! Much appreciated. I have read on here about a horror story about a single individual who purchased a house rehabbed and when they went to appraise it their purchase price got evaluated into the appraisal and got appraised the same price that he purchased it for and couldn’t force appreciation.
I feel all my tech stocks are doing okay but the bubble will burst and pulling out money beginning of 2021 I won't have to pay gain tax till 2022 but hopefully BRRRR'ing a house will give me and asset and if cash flow starts I can depreciate and offset some of those gains and start building portfolio.
I’ve been interest in Atlanta as I heard Microsoft just purchased an enormous amount of land. Hopefully that’ll increase rents as well as appreciation?
If there’s tax consultant and realtors familiar with the area I’d love to talk and get a few ideas about Atlanta’s market.
Thanks BP for being there for us. Once fear is out and data is used like kris krohn says we’re able to make a more educated decision and take emotion out.
Let’s start building wealth!!! :-D