Glad to finally say hello.

They are willing to consider properties that are close to meeting the 1% rule, but will conduct further analysis to make a final decision.

I'm getting the same results.

How long can you do that to achieve your results?

And whoever makes the payments on the mortgage could stop, resulting in a notice of default, leading to foreclosure…making this a risky situation for the wife to be in.  

It works like this:(1) Save up enough money for a down payment(2) Buy a single family home that you will Airbnb/VRBO(3) Ensure the “average period of customer use” is <=7 days(4) Materially participate (5) Cost segregate the property, resulting in large depreciation deductions(6) Use the losses from step 5 to offset your W2 incomeWhat makes this possible is that operating an STR is considered “non-passive.”

Our strategic improvements and targeted marketing paid off, resulting in a successful sale on 10/25/2024 for $260,000.

I've heard that DealMachine is becoming the go-to tool for this kind of data, but I've also noticed some strong results coming from Crexi lately.It seems like Crexi has a more multifamily-focused platform, while DealMachine is often geared toward wholesalers.

This time, she agreed, and the sale finally went through.This experience reminded me how seemingly minor items can hold enormous sentimental weight.

Random actions have random results.