It includes a lot of good/bad examples.

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

Sellers often favor buyers who can make larger down payments, as it indicates stronger financial backing and reduces the risk of the deal falling through due to financing issues.Additionally, SFH properties are more accessible to a wider range of buyers, including first-time homebuyers and families, which can lead to less direct competition from institutional investors.

Depending on the loan amount for the new property, roughly a little over half of the gain could be deferred through the exchange.Without a 1031, they’ll face taxes on the entire gain, including federal capital gains tax (likely 15% based on their income), California state tax, and depreciation recapture, potentially totaling $130-150K.

That would be a helpful addition to your plan as you would further reduce your cost of living.Also don’t forget from that $600 you are planning on getting in cash flow you have taxes, insurance, maintenance, capex, and vacancy to consider.With two homes, you may want to keep that extra $20k as an emergency fund rather than spending it on a third property and then be left with no emergency funds.The $1,000 a month includes incidentals for maintenance and taxes etc.

Get a signed bill of sale including the furniture at closing for tax depreciation.Communication is key! 

There are considerable economic headwinds for 2025 including if equity markets pull back, there could be a reallocation of profits into real estate.

My primary focus is on properties in Miami and the surrounding areas, including Homestead, as I’m familiar with the market here.

We offer a ton of different fix-and-flip programs including putting 10% down on the purchase price and funding 100% of the rehab.

I'm also a licensed mortgage broker with a lot of fix-and-flip programs, including some that require as little as 10% down on the purchase price, and provide 100% of the rehab funding.