Property prices are still very affordable, which makes it great for BRRRR or buy-and-hold strategies.

Holding onto these properties would be most ideal for your long term wealth, obviously.

Investment Info:Single-family residence buy & hold investment.

Investment Info:Single-family residence buy & hold investment.

QUESTION for the BP community - do you represent yourself on deals where you are buying in the state where you hold your license?

Holding onto a HELOC long term is painful, so you'll want to make sure your exit from the HELOC is planned out. 

Also, for the experienced BRRRR folks out there, are you holding true to the 50% Rule on Cash Flow on each project? 

Hoping to hear good/bad experiences of buying, holding, *and successfully selling* rental investment properties with Invest 5S (https://investwith.invest5s.com/).  

Each exchange starts the clock again, and you lose the tax benefit if you do not hold and rent out each property for enough time to satisfy the rules.6) I used a 1031 exchange lawyer in the city that I purchased in.

In your experience do those rental comps hold true if you go North of Addison (specifically Irving & Kedzie area).