McKinney and Princeton have been growing a lot and it is a good place to invest, but it is always related to what you are looking to achieve in a rental investment, appreciation or cash flow.At this time that area does not offer a big cash flow and due to the amount of development going on there, rental demand has declined a bit.In any case you have to make an analysis case by case.

See if you can get a copy of The Millionnaire Real Estate Investor by Keller.The Slight Edge and Atomic Habits too.Awesome board with many smart people having own suggestions and ideas to grow wealth!!

Each of the 12 condos can sell for, at minimum, $130,000 meaning that the overall gross resale value of the building grows to $1,560,000. 

As you grow, use 1031 exchanges to defer taxes and scale your portfolio.This post does not create a CPA-Client relationship.

I'm here to grow, learn, and build a community in the Staunton, Virginia area.

Are you wanting to grow a portfolio of rentals without coming out of pocket to acquire each?

It's pretty common practice to have something like that in a property management agreement, and if it falls under that limit they're going to pay it and not notify the owner except in regular monthly updates because it is below the threshold of what is an ordinary expense in the course of business.

I mean, he probably wouldn't describe it that way, but that's what he was doing.It takes time to grow organically, and it is frustrating and painful at times.

Longer Tenure in HomesData from the National Association of Realtors (NAR) shows people are staying in their homes for a decade (see graph below):This increased tenure means homeowners benefit even more from home values growing over time.

I am planning to get into the TN real estate market as my first investment and am looking for some information.In particular: Areas to steer clear of, property management fees, typical cosmetic rehab costs, etc.My strategy is to put large down payments on 2 properties (relative to housing prices) to help pay for my living in NY while still gaining appreciation in a growing real estate market.