This strategy can be a game-changer for building long-term wealth, as it enables you to leverage your gains without an immediate tax hit.Example: Sell a rental property for $300,000, reinvest in a new property of equal or greater value, and defer capital gains taxes indefinitely.5.

Since most people who are not actively seeking a sale are not motivated to sell at anything other than a top of the line price, this is going to be a numbers game of x thousands of contacts for every potentially doable deal.  

I just was on BP's Real Estate Rookie podcast and talked about the small and mighty game plan. 

After 12 years in the furnished rental game, I'd say that is a pretty good sample size. 

In this game, there's always something! 

@Jake Baker Love the approach of measuring the total offers that you send, if you know your strategy most of the time it is a numbers game no matter the condition of the market. 

These are those spring-loaded clips that you collapse and push into a hole in the drywall.

Communicate expectations upfront—because once they start double-parking or treating the place like a frat house, it’s game over.Cameras, Cameras EverywhereYou’d think adults wouldn’t steal each other’s food, right?

Hi Thanh - Managing a single STR can be manageable, but as your portfolio grows, hiring a vacation rental company can be a game-changer.

Sure, you can make a few quick trades, but the playground monitors (a.k.a. the law) might notice, and you’ll miss out on the bigger opportunities and loyal customers.So, while skipping the license might seem easier, it’s not the best way to win at the toy game in the long run.I have this talk with 10-15 people each month at our Free Meetups here in MA, NH, and ME.