Everyday that the property is vacant you lose money that can never be gained back.

Lastly, if the home has appreciated at all, taking advantage of Section 121 and taking capital gain exclusions is just another strong point towards selling within the 5 years if you've lived there for at least 2 years. 

This is a fantastic place to gain some insight into the REI world, particularly for those starting out. 

This gives you more flexibility while building equity and gaining experience.Risk Spread: More units mean a lower risk of vacancy impacting your overall revenue.

Would love to buy you a coffee or anything to gain some first hand experience from you if you have time!

Without knowing the cap rates of other MFHs nearby, there's not much objective insight to be gained there.Good luck!

Hi Prasit,To transition from agent to acquisition manager, here’s the quick path:Leverage Your Agent Skills: Use your market knowledge, negotiation experience, and connections to find and analyze deals—key acquisition manager skills.Wholesaling Experience (Optional): Wholesaling can help build your deal-finding and analysis skills, but it’s not necessary if you can transition directly using your agent background.Training: Consider certifications like CCIM for commercial real estate or courses on platforms like BiggerPockets to sharpen your acquisition expertise.Network: Connect with investors or real estate firms to gain insights and potential job opportunities in acquisitions.Let me know if you need help with financing as you move forward!

I can buy real estate syndications and never pay taxes on the gains (Lazy 1031).  

Equity / Capital Gains - This is usually a shorter term timeline. 

PREVIOUS AIR BNB PROPERTY   <--------- link to previous Air BnB we flippedSome say that numbers are down for Air BNB and I'm here to tell you it is all in how you look at ( and structure it ). This, our third renta...