Letting Go for Your Bottom Line: A Lesson for Real Estate InvestorsHey BiggerPockets Community,If you’re a real estate investor, whether you own rental properties, flip houses, or manage syndications, there’s a critical lesson that could boost your bottom line: Letting Go.Many of us get into real estate because we want control over our financial future.

My name is James Ive been listening to BiggerPockets for a few years. bought my first house in North Port fl 3 years ago!

this is only a good idea if you have reason to believe that the area will be appreciating quickly, which is called speculation and akin to gambling not investing. me personally, I would rather put my money on black than bank on market appreciation. negative cash flow rentals are a time suck and money suck.

No loan, I paid cash for the 5 acres and built a pole house myself. 

Are you looking to house hack?

They are investing in infrastructure, housing, public safety and taking the steps they need to take to attract more jobs. 

I've done fairly big renovations where in most cases, Im replacing almost everything in/on the house.

Working with the city to find a solution.There is a similar situation near me where an investor bought a short term rental house, rehabbed it, ran it for a while, and then got in trouble with the town after a neighbor complained and the town said short term rentals weren't allowed in the community. 

So about two weeks ago, my wife found a health coach that I am going over to his house and he has his own gym and I am working out a few days a week.. so far so good. :-)The health coach mentioned that he has a health coach for himself.

If the house is older than 15 years old and an ADU is added, it can become rent controlled.