From what I’ve seen, the value of a premium listing really depends on a couple of factors: the local market's activity and how saturated it is with similar rentals.

Understanding local laws, tenant regulations, and tax implications is also crucial.

@Deshen TangDo you want to be in control and more active, or completely passive? 

If you're active in the area or have any tips on how to break into the local market, l'd love to connect and learn from you!

I think this is crucial. 

The fact that you’re now considering the next steps with equity is a sign that you're ready to level up, but it's also crucial to be strategic about it.In terms of pulling out $500,000 of equity for new investments, there are a couple of key factors to weigh.

There are 7 material participation tests and these are the 3 most common for real estate investors AND you need to meet one of them: Spend more than 500 hours on your rental businessDo substantially everything for the rental businessSpend more than 100 hours on the activity and no one other individual spends more time than you doAnother way to offset non-passive income (e.g.

In a nutshell, can I offset my gain in box10 with loss from box2 and other passive activity losses (eg.

We have been actively submitting offers and competing with confidence on B/C class assets that are 50-150 units during the pandemic with guidance from the community and coaches. 

It's crucial to understand and follow local laws regarding deposits, documentation, and timelines.A local property manager I knew had a lot of questionable and shady practices, but the one that ultimately led to his downfall was poorly documented and unjustified security deposit reconciliations.