Continuous participation.This is great if you are talking about an SMB with effectively connected Real Estate.Note rental activity is considered passive unless you meet the RE Pro threshold of 750 hours and more than 1/2 your time.This is the conundrum for passive real estate investors.If you have a full-time job or a large, time-consuming business it can be difficult or impossible to qualify.A huge loss from depreciation if you have one LP investment isn’t going to do anything for you.

Plus, if you continue to acquire more properties, you’ll have a solid, legally sound lease to use without having to worry about your license being in jeopardy.Good luck with your new venture!

Greenville, known for its substantial growth, continues to see new construction and renovation projects, making it a highly desirable market.

It’s just the valuation.If I don’t fight this valuation, I am paying taxes on a higher assessed value than what I bought it for a year ago (they do 5 year assessments) and it’s effectively a 40 percent increase in taxes vs 2017.

So he continued to concentrate on his property investments while periodically updating his book.In 1968 one of Nickerson’s followers, Robert Allen, had some success modifying the Nickerson formula to include structuring real estate purchases with no down payment or capital contribution on his part.  

Inventory has jumped over 50% from a year ago, but values continue to rise at almost 3%.

You maintain stability for your family and continue benefiting from the basement rental income, offsetting some of the increased costs.

If your goal is to continue to acquire properties, then that leverage is going to be important and start with the properties you have (as you mentioned with the cash-out). 

We would love to connect and learn more about how you’ve continued the minimalist life while being investors! 

I try to stay on good terms with people as word of mouth can always come back to bite/help you, and generally try to treat people with what feels right/fair.I was thinking I charge a one-month penalty for breaking the lease, and they continue to pay rent until the unit is filled.