There's always a shortage of deals in the market, specially now.Good news is that once you gain some traction, you'll be able to buy better lists, a power dialer and even hire a VA to help you find qualified seller leads (I run a call center for Real Estate).

If your basis is $2M and you clear $5M after selling costs you’ll owe somewhere between $450k (all capital gains tax) and $750k (all depreciation recapture.).

So far I have gotten the quarterly cash flow as expected, the fund value is kind of plateau'd in 2024 so have not seen major gains or loses in the fund.

I’m here to connect, learn from experienced investors, and hopefully share some insights as I gain experience.

It helps with cash flow and offsets your mortgage costs while you gain more experience as a landlord.

If you live there 2 of the last 5 years then you’ll qualify for the homeowners exemption on the capital gains but you’ll still have to pay depreciation recapture. 

Investors who capitalize on this temporary dip may find themselves well-positioned for substantial gains when the market rebounds, potentially as soon as late 2025 or early 2026.Robust Rental MarketThe rental sector in San Antonio is poised for strength in 2025.

What would they have to gain from that?

Grateful to be able to join this group to learn and gain knowledge from different people.

Terry,Have you weighed out the pro's and con's doing a fix & flip and capital gains versus fix and hold long or short term rentals?