She desires to "break even."

Taking a break from real estate for a while - it's been a stressful 2 years.

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $470,000

Cash invested: $120,000

Sale price: $700,000

First property with a GC. Disaster!

What made yo...

@Chad U. you’re on the right track, but let’s break it down a bit further.

Some markets, those are gold mines, others, they just struggle to break even.

The fact that you bought it with cash gives you a lot of flexibility, which is key in a market like Odessa where real estate values can sometimes be unpredictable.Let’s break it down:Refinance and Reinvest:The rental market is treating you well, and if you pull out equity with a loan, you'll still have that income stream.

“Guaranteed rent” is what made me convinced and they are “more likely to be cautious” because if they break the clause on the lease agreement, they might get evicted and the chances of them losing their voucher becomes high.

With the government storing so much information, hackers are constantly trying to break through firewalls. 

When they break its your problem, when the tenant brings their own, yep, it's their problem.

I need to know if we would receive a tax break if we sold the condo before the end of this year.