@Heath D Wallace operates as a property manager?

@Raquel ReedRecommend you understand the property Classes, so you buy wisely!

@Stacy A Stewart I have personally used DSCR loans to purchase rental properties here in the Dallas/Ft.

Depends on if he wants to keep the property in Tacoma or does he need it as a down payment for a property in GA.

Quote from @Henry Jay: Hello, me to real estate and look for knowledge in flipping and rental properties. 

Quote from @Sean Regan: Getting ready to list my first rental property after an extensive reno. 

From a financial perspective, the numbers look attractive—many of these properties show a Cap Rate of 6%–8% or more, which is quite decent.For example, if a Dollar Store property is listed at $1.2 million with an average Net Operating Income (NOI) of $90,000 per year, financing 50% with a 6.5% APR, loan would still result in positive cash flow from day one.

.: Wondering if losses from passive rental income (I.e. long distance property managed by third party) could offset capital gains from stocks? 

@Ngozi IwunzeOne way to avoid capital gains is to turn the flip into a rental after the rehab and then do a 1031 exchange into a more expensive property. 

My husband was paying our bookkeeper $450/month to do our books (for a small number of properties!!)