The more time you spend on administrative tasks coordinating with multiple service providers, the less time you get to spend on managing your properties, finding new potential investments and increasing your financial returns.Tax strategies and property insurance are two areas that are highly customizable because no two portfolios are identical.

His lease says they have use of the entire property for $X, if he wants to increase the rent that is separate from changing what they have access to.

We found out our property manager only lists on Zillow so we are marketing it ourselves on other rental platforms to hopefully increase visibility.

This is assuming:appreciation: 3%/yearincome increase: 2%/yearexpense increase 2%/yearWhat are some considerations?

I'm assuming the main reason for the 1031 is to increase cash flow, right?

Also another thing to consider are most municipalities will significantly increase your taxes if you pop the top of the house.

2.) looking for advice on how to deploy 600+ thousand dollars into real estate and start receiving the cash flow from it without having to pull the 401(k) out and swallow the tax ramifications.I currently own 13 units and receive healthy cash flow from all of them, but I am looking to increase my cash flow so I can ease into the next phase of my life which includes work of a different kind but not doesn’t having a 9 to 5 job.Thanks in advance!

For this similar price. 2 bedrooms under $300k : rent a room, Reno the condo, increase value and let it ride while paying down the loan , taking tax benefits and growing equity.

This has become increasingly problematic  with rising material costs and more burdensome building codes now present in most municipalities. 

If you are working with a reputable company, then you buy the property, hold the property and look up 7-10 years down the road and have a home that has increased in value and a debt that has been reduced by your renter.