So if the property has increased in value then you may be triggering capital gains.  

. :)Just talked to my agent minutes ago and it sounds like we're pulling the trigger on our first house on Monday, when we're back in town.

I am about to pull the trigger on a condo in Pasadena, CA and upon digging into the financials of the HOA discovered that they are funded at about 30% of what the third party HOA analysis firm would consider a full reserve.

I'd been listening to the podcast for about 4 months or so, even started getting prequalified for a mortgage but never pulled the trigger.

Yes, that is one option.As for the best plan of action for you, only you can decide that.Understand and weigh the risks, and if you have done your due diligence and feel good about it, pull the trigger.

Before pulling any triggers, I'd really love to connect with an experienced investor in the area to show me the ropes.

I have been consuming knowledge for over a year, and it's time to finally pull the trigger!

There are over 100 municipalities in NJ that have some sort of rent control legislation so before you invest you should look to the city hall before you pull the trigger on a purchase.  

Alerts aren't really being triggered for keywords in relation to the area so thought I'd stop on in here!

I'm getting real close to pulling the trigger, just want to make sure I have a good team in place before I do.