However, even in an equal exchange, recapture tax might apply.

Trust me; you don't want to miss those crucial dates and risk losing money or even blowing the whole deal.

The resources and books you mentioned, like the BiggerPockets Ultimate Beginners Guide and The Book On Rental Property Investing, sound like excellent starting points.Prioritizing financial stability and eliminating debt is crucial, and I agree that a solid financial foundation is key to successful investing.

Not all lenders are equal.

We don't believe in VIP tracks and want everyone to come in feeling equal so your ticket is your all-access pass, the only exception being a la carte workshops on Sunday before the conference kicks off.

Well even if the rent is equal to the mortgage, you'll still be in the negative after repairs, CapEx, vacancy, etc.Why would you specifically be thinking of investing at a negative cash flow?

However, they approach financial health from different angles.The 50% Rule is a quick estimate that suggests operating expenses (excluding mortgage principal and interest) will roughly equal 50% of the property's gross income.The DSCR is a more precise calculation (Net Operating Income / Total Debt Service) that determines if a property generates enough income to cover its debt obligations.Deal example:- Class C middle class neighborhood- 4bd / 2ba single family house- ARV: 190k- Purchase: 105k- Rehab: 35k- Market rent: $1,400-1,525- Section 8: $1,475- Property manager: 10%- Taxes: 125 month- Insurance $1250 yr- HOA: $55 month- purchased and rehabbed with all cash.

This year, let's prioritize learning and adaptability, recognizing that continuous growth is key to staying ahead in an ever-evolving world.Networking and collaboration will be crucial as we navigate the changing landscapes of industries.

There is a soundproofing drywall quietcrete i think, as well as insulation panels, sound dampening paint, and green glue is a compound that you can roll on as well. likely there is no insulation or it wasnt installed well. air gaps equal noise.  

This flexibility has been crucial for staying competitive and profitable.Flipping homes in San Diego has been a rewarding experience, and what’s made it even more fulfilling is building a business that’s about more than just flipping.