No free lunch in this market!

At the risk of sounding too dramatic (but I know us on BP can get extreme to reach our goals), I am going to NOT get another residence.

Another effective strategy I use is a "Book 2 midweek nights, get the 3rd free" deal.

There are those on YouTube who are very close to violating the law, if not dancing all over the line.In my opinion, the real problems originate when the buyer isn't clearly disclosing the risks to the seller, or violates the Consumer Protection ACT, or doesn't have enough capital to make the payments, or does equity stripping, (some equity stripping is legal, some is not)  12 U.S. 

Just a builders risk policy if you are doing an extensive rehab on the property and then a landlord dwelling policy when the property is rented.

In many markets section 8 is higher than market rate. and investors need that extra return to mitigate the risk of sec 8 tenants generally speaking.

Feel free to share more about what you’re working on—I’d love to connect and collaborate.Wishing you a productive week ahead! 

I recommend you figure out what you want to do, then actually do it to see if you enjoy it, have some skills, etc.

We have sold (tax free), kept as long term and/or short term rentals as well.

(Anything that isn’t your primwry first is only tax free on a pro-rated basis.)I don’t know how you could swing it but…If they gifted you the kand they would avoid their capital gains tax.