However, if you inherit it through her estate, you receive a stepped-up basis to its fair market value at that time, reducing tax liability upon sale.Gifting it now has no immediate tax consequences unless its value exceeds the $18,000 annual gift tax exclusion (2024).

Plus, since 2013, the average annual rent growth and appreciation have been 8% and 10% respectively.In further discussions with this couple, they expressed their desire for both strong rental income and the tax benefits of investment real estate—advantages that are only available with properties in our target market segment.Additionally, their desired retirement home features and the characteristics of a good rental property were completely misaligned.

Well, yes, some properties may require complete work, but others may just need cosmetic things to bring them back on the market.

Happy to send over some resources on why Columbus is a great real estate market to invest in. 

Look for motivated sellers off market and market via cold calling and or direct mail, geofencing, advertising and the like.A good wholesaler is as @Ericka Parrott mentioned, direct to seller, did good underwriting and can deliver an actual "Deal" whether buy and hold or flip. 

Hello @Daniel Summer,The Memphis market has a solid MHA/Sec 8 rental.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

At the time, we were new to the market and, admittedly, didn’t conduct thorough due diligence before buying.We purchased a property in the Atlanta area, renovated it, and listed it for sale.

The cash flow of the paid-off property would be $480 monthly (post expenses) and am thinking of reinvesting that back in the market.

Utah market.