The good news is that in these types of cities, there are significantly more properties for sale (albeit at lower price points), and you can gain traction with a few houses per month more easily than in tougher markets like Tampa or Dallas, for example.

Sell home: ideally avoiding capital gains tax by living there for 2 of the last 5 years2.

Plus, if your property isn’t right on the water, the chances of it getting completely wiped out are even smaller, around 10%.And if you’re not in a flood zone, then it’s really just a matter of balancing the cost of insurance versus the potential gains in a market where people are panicking.

By diversifying across different property types, you can ensure a balanced portfolio that generates both immediate returns and long-term gains.

@Sam Peterson You can utilize different online companies (web, phone apps, etc.) for this but if you're new to REI you could gain traction by making your own.

With suburban spots around Houston and Dallas gaining traction for affordability and space, how do you think the trend will evolve if interest rates continue to rise?

However, we're unable to gain access because they lack a local team.Poplar, if you are seeing this message, please address the situation in Columbus, Ohio.

Sold to tenant before having to pay capital gains tax (extended occupancy test due to military move).

You'll pay capital gains tax on the gain on the sale.

Although, I would like to have first access to foreclosure properties with HomePath's First Look Program, income/capital gain tax benefits from my PR, and more favorable loan terms.