Always happy to connect and learn from others working in this market.Looking forward to hearing what you think!

@James Boreno You’ll likely owe taxes, but don’t forget to account for your adjusted cost basis, which factors in the original purchase price, depreciation over 10 years, and any capital improvements.

2) What is the average rent in this market and how does your asking price compare?

@Kwanza Price - Syndications are a great options and even some QOZs. 

EXAMPLE: you can probably send out the initial eviction notice yourself and then forward to attorney if a court date is needed.Regardless, it is our opinion a landlord should START the eviction process every month a tenant is behind, no matter their excuse.

Both properties are in Upstate New York, both duplexes that are fully rented at good prices.

My other concern is that home prices on Long Island appreciate quickly.

Purchase price: $490,000 This is a unique opportunity to participate as a investor in a single family residence valued at $3M and higher.

We have a "reset" and can move forward as a nation. 

Purchase price: $75,000 Cash invested: $600,000 Sale price: $269,000This is my largest new build development to date.