
7 November 2024 | 30 replies
Furthermore once the 1031 intermediary get their cut and you also pay two sets of closing costs ( buyers now have to pay closing costs in some states ) as opposed to just one closing cost ( if not doing the 1031) it might be a “half a dozen vs 6 of the other “ scenario .Also one of the turn offs to the 1031 exchange is the interest rate will be much higher with todays rates especially since we would have to get an investment property loan which are higher than “ primary residence “ loans ..Will probably lower the rent asap ( have one more showing ) and then put it on the market .Thanks for the great advice Christian

2 November 2024 | 11 replies
Currently, I own a single-family home that serves as my primary residence.

30 October 2024 | 0 replies
Keeping your financial house in order at all times will take the pressure off of the money part.

2 November 2024 | 0 replies
Days on Market (DOM) since Q3 of last year.Single-family residence values continue rising and are selling for nearly 9% more than last year - National average for home sale price increases is 4% since last year per one of BP's most recent podcasts.Multifamily properties in Queens have sold for a median price nearly 6% above last year, jumping from $1,058,000 in Q3 '24 to $1,120,000 in 2024.Lastly, despite inventory increases, the # of sold properties has declined when compared to last year.
4 November 2024 | 8 replies
If you did the latter, then there was no usable bathroom during this time for those residents and technically the unit was not habitable.
1 November 2024 | 11 replies
Quote from @Jerome Wiley: Can the landlord ask a perspective tenant how many adults will reside at the rental property?

2 November 2024 | 20 replies
If I tried to base my renewal on expenses only I would increase above market rents and probably lose my current residents because of that.

31 October 2024 | 9 replies
I think this is a good time not to pressure yourself to expand and try to get the North Salt Lake one performing better while Cali appreciates.

29 October 2024 | 11 replies
Do value add primary residence and keep selling.

1 November 2024 | 4 replies
Because they will get defensive if they feel you are pressuring them.