He ended up keeping it as a rental, but what tipped the scales for him was the rent appreciation potential in his specific neighborhood and the tax benefits of holding onto a property with a great interest rate.

This arrangement can benefit both parties if structured properly.Hard Money Loans: These are asset-based loans provided by private lenders.

And I feel the ideal portfolio can benefit from the diversification of both.I feel directly owned properties are great because they give me maximum control and the ability to tweak them exactly how I want.

It does not directly offset it, the mechanics are complex, but you should benefit from the $50k losses, resulting in no additional taxes from the sale.

It’s a tried-and-true way to build long-term wealth, with tax benefits like depreciation and the ability to leverage financing.

Financing the deal with cash and a loan from your brother helped you avoid traditional loan costs, which likely benefited your margins.One key lesson you’ve pointed out—always buying low and, if possible, getting an inspection is something that can save a lot of time and money.

: If you’re planning to hold the property long-term, the repairs may not be as concerning since you’ll gain appreciation over time and benefit from consistent cash flow.

If you wanted to be super careful you could have an attorney write up a new easement and record it for the benefit of future owners of both properties. 

A very important note to your getting started phase - No real investors want to "to grab a coffee or hop on a call" without getting to know a little about you and knowing if you have something to offer them.

You are minimizing your input to maximize your output (output being an appreciating asset, paying down principal, tax benefits.2.