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31 December 2024 | 18 replies
Yes, one approach is to continue with finding other cash flowing property.Let me suggest some other ideas for you to ponder, especially since you've also mentioned you are looking hard at DST's:What about Opportunity Zone funds?
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14 January 2025 | 17 replies
Thanks Jad, these are all good ideas.
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3 January 2025 | 18 replies
HoltonWise is currently involved in litigation on the topic.
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15 January 2025 | 10 replies
Writing them down turns your ideas into tangible objectives you can work toward.
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9 January 2025 | 3 replies
@Jason Wray Thank you very much for this response ..I’ve never sold one of my rentals before feels like I’m cutting off a leg and paying close to 100k for cap gains is really starting to eat at me 😵💫Any chance you would be so kind as to send me a link to something in the ballpark of what you’re suggesting this way I can get an idea of area and what this type of property could look like!
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4 February 2025 | 17 replies
We sign a contract between me and Don where he promises to make monthly payments to Chase, instead of me making these payments, The idea is similar to assumption, except that the bank does not know, and if Don does not make his payments as promised, I'm in trouble with Chase.
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9 January 2025 | 21 replies
Per this NY Times article, the average American knows around 600 people.https://www.nytimes.com/2013/02/19/science/the-average-american-knows-how-many-people.html#:~:text=The%20average%20American%20knows%20about,do%20you%20know%20named%20Kevin%3FPer the US Census Bureau, the average American moves 11.7 time in their life, which based upon an approximate lifespan of 84 years, works out to be about every 7 years.https://www.census.gov/topics/population/migration/guidance/calculating-migration-expectancy.html#:~:text=Using%202007%20ACS%20data%2C%20it,one%20move%20per%20single%20yearSo, if the average American knows 600 people and they each move about every 7 years, that means that the average American knows around 85 people that move in any given year.How many of those moves do you want to be involved in?
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11 January 2025 | 11 replies
It looks like a great idea on the surface but the numbers don't stack up from a risk/return point of view as far as I'm concerned (it could be different for you depending on your return expectations).
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9 January 2025 | 8 replies
I also advertise before someone moves out to get a new tenant before the current one leaves. 100% occupancy on a LTR is very common for me.No idea on a MTR.
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15 January 2025 | 39 replies
The idea of "economy of scale" on small properties like duplexes is largely a myth.