.$2,000,000 is going to improvements to the riverfront park adding playgrounds and splash pads.Since 2022 a feasibility study has been going on for a regional sports complex boasting 16 soccer/football fields, 8 baseball diamonds, 50 meter indoor pool, gym, track, and waterpark.There are several more project revamping old warehouse building turning them into trendy new dining and retail spaces.

I think it boils down to looking at the performance of any investment consideration.  

Hey Joey,Cost Segregation and REPS: Yes, you can perform a cost segregation study once your wife qualifies for Real Estate Professional Status (REPS) and use accelerated depreciation to offset your W2 income in subsequent years of renting the property.Purchasing Another Property: It can be beneficial to purchase another rental property within the first 5 years to continue maximizing depreciation deductions.

I have a hard time with the fee structure and low performance of DST's, but they are an option to explore into.Most sponsors require a $1mm or more to 1031 into a deal.

Out of roughly 612 sales, 2 sales were performed with either seller financing or sub to financing or a mixture.

It isn't that it doesn't work, but if a buyer cannot perform and let's say you are outside of the due diligence period you look like a scammer.

Tampa Bay has been experiencing significant growth and change, and I’d love to gather insights from this knowledgeable community.How do you predict the Tampa Bay market will perform over the next five years?

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

Your quotes will not be comparable unless you have that detailed scope of work so that you know everyone is quoting the same job.You should not advance money to the contractor unless the materials are on site and the work is being performed.

Spend your money on built in bunk beds, a garage conversion to make it a 4 bed (we find 4 beds perform much better than 3 beds), and your entertainment spaces (living room, game room and backyard).