If you’re using financing, this situation might also influence lender decisions.I have many rentals in Jacksonville FL and have had to evict three tenants.

.👀 Risk ManagementBoth investments require risk management:Stocks: Company performance, market conditions, economic factorsReal estate: Property maintenance, tenant quality, local market changesBut guess what?

To see how much a 1031 exchange will benefit you in a sale you must first calculate the performance of your current property.

As a reminder, listing tenure positively impacts your performance on our marketplace.

Hey @Sidney Duquette so I am not a fan of buying properties that can't perform with the hopes that it will build equity to offset the losses.

To really make a good informed decision you'll want to look at all of the metrics of your properties performance. 

Though DSCR gives you a better picture of how the property is projected to perform vs debt service, you can't rely solely on one measure to make a purchase decision. 

Most of these gurus haven't really invested in years, or they pay someone else to do it while they specialize in being a social media influencer and motivational speaker, so I share that frustration.

I self perform most of my construction at this point and find it very difficult to make ground up construction pencil in Philadelphia unless I am selling for $400/ft.

I have a mix of MTRs, STRs, and a room rental and I can perform all the needed property management and bookkeeping features on the site.