MAREI's still here, we meet at the Double Tree on the 2nd Tuesday of the month from 6 to 9 and we have a meeting after the meeting.1st Meeting is FREE.We have generally 100 in attendance.Come out and check it out, join our community -Next meeting is February 11th, 2025

He’s a general contractor in Chicago that does large rehabs and buildings. 

Hi Michelle,Keeping tenants' security deposits in a separate savings account at an online bank is a common practice and is generally recommended.

If however you don't have any specific goal or timeframe, I generally default to "long term". 

Massachusetts has a 5% state LT capital gains tax, but it generally follows the federal exemption rules.If the home was a rental property, the exclusion does not apply, and you may also owe depreciation recapture tax (typically taxed at 25% for federal).

These appraisers are too educated as in general this rule is virtually never applied on MF lots (I have heard of it once).  

General phone numbers are rarely answered and we are forced to communicate most times via email.The word of the day is patience. 

Quote from @Joe Gellenbeck: Hi All,I am new to this community and real estate investing in general, but I'm excited to jump in.

Also, the term "house hacking" is generally used for your owner occupied home (renting out rooms in your primary home) and that income cannot be used to help you qualify (it is considered boarder income). 

Most desirable areas in Tampa Bay are in AE or higher risk flood zones and generally sell for a premium for a comparable home placed elsewhere - all else equal .