The hurdle of discussing face to face was enough to prevent him doing anything for the remaining 9 months and then he moved. 

Sellers and agents often inflate prices based on potential income, but like you said, you want to base your investment on what's actually being produced right now.

I believe there’s a middle ground to be found, and I remain hopeful for the next three to five years.Has anyone heard from friends, family, or fellow investors expressing concerns that Florida is becoming a risky place, causing them to shy away from buying?

Is it possible or does it even make sense to get a DSCR loan on the rental property that will allow us to pay off the outstanding HELCO balance ($285K) and the remaining $390k mortgage?

Of the remaining $200,000 gain, 75% (6 out of 8 years) ($150,000) is attributed to the time the property was rented and is therefore taxable at the long-term capital gains rate.

Are you anticipating another spike in inflation?

But the general appearance of the unit can gauge its remaining usable life.

InflationRising Costs: Inflation drives up the cost of materials, labor, and property maintenance, potentially shrinking profit margins.

Due to inflation things have tightened significantly which has led to less speculative spending (like on land).

Hi all, Baselane is hosting a CEO fireside chat titled 'The Inflation Equation: Impact on Real Estate and How to Navigate it'If you're attending BPCON24 in Cancun, join us on Monday 1:15pm EST.