All Forum Posts by: Nick Giulioni

 I've had several bad experiences. Very happy with current one though.

There are no free lunches in real estate.  Class D neighborhoods look great on paper but often times are more headaches than they are worth.

I think you need to establish what your goals are.  Is cash flow your top priority? If yes, then these could be fantastic.  Truth of the matter is that you are likely to struggle to finance these properties.  Do you have the cash to leave locked in for the full purchase price?

If you are looking for an equity play, this is likely not going to see much appreciation.  If you are looking to trade up in the future, I would look at higher end properties.

Generally speaking a property manager SHOULD be doing this type of routine maintenance scheduling for you.  I emphasize the SHOULD here because I’ve seen some bad property management companies.  

If you are looking to hire out management, you should definitely make sure that they have systems for this.

 Did you 1031 or eat the capital gains?

Thanks for your willingness to share! Did you ever hold SFRs as long term rentals?

Why would they have an issue? If your private money is rock solid, they should be ready to jump at the opportunity. 

I don't believe you will get the full $10k back - but I would list is as an option to who you are selling it to.  Can't hurt to throw in a sweetener.

Regarding your second point - I don't see an issue unless you are afraid of the due on sale. Considered doing a master lease option?

I would love to know as well.

Welcome to the community!

 Thanks for letting me know. Well definitely save your info