The property has under produced based on the P/L of the last three years

If you use the $14,000, will that leave you without sufficient reserves if the AirBnb thing doesn't pan out?

For the 10 year period spanning August 2014-2024, single-family prices in Austin nearly doubled, yielding an annualized appreciation rate of ~9.5%.With inflation nearing its 2% target and signs of a slowing labor market, The Federal Reserve is predicted to cut rates as many as three times before the end of 2024 (see here).

Additionally, I am in the process of closing on a commercial property, which requires a $300K down payment by October 15.If I settle the tax bill, I won’t have sufficient funds for the property down payment. 

**Stage 1 - Beginner Wholesaler**
From 2017 to 2018, I was just getting used to the ropes. Although I had a background in sales, speaking with distressed sellers was a completely different experience—one that require...

AND I did the thing we all read about, as far as getting multiple quotes for insurance and everything, went to move forward with the best one, State Farm, and we find out that we can’t get a policy due to having made a personal articles claim less than three years ago (was probably almost 3 years ago.)Now this was my business partners who made that claim.

However, those reserves are often most needed in the first year and not having sufficient reserves can put a deal in a bad position and that's where additional risk is created. 

To increase profitability, we brought on three more team members and shifted our focus entirely to outbound lead acquisition, pausing inbound lead generation.While we’ve had success with door-knocking, I’m unsure if we can rely on it alone to scale our business to the next level.

I just looked at the data for August 2024 and read that there were 3397 homes for sale in the three county area around Sacramento.

the other until is a two to three bedroom which I don't need for just me.