Quote from @Stephen Brossard: I’m looking to acquire my first rental property, leaning towards multi family.

Here is the detailed information:A condominium was purchased by Person A on 11/01/1986 for $52,700.On 11/7/2015, a real property was quit claim deeded by Person A to Person B as a joint tenant with rights of survivorship and Person C as a joint tenant with rights of survivorship.On 11/17/2020 person A died.On 01/17/2023 person B died.Person C (myself) will be selling the real property.I need to determine what capital gains I owe on interests I held and then the additional stepped up interests I acquired through survivorship.My analysis is as follows:The timeline for ownership interests is:11/01/1986 Person A 100%11/7/2015 Person A 33.33%, Person B 33.33%, Person C 33.33%11/17/2020 Person B 50% & Person C 50%01/17/2023 Person C 100% The tax implications are:1.

Otherwise, investors are looking at paltry returns for a time-intensive investment, and no chance of ever actually acquiring property through the liens.

in addition, the property (2 units) has appreciated over $1m since acquired.  

House Hacking can be a great way to get started and acquire properties for little cash out of pocket, but just like any real estate deal, not all properties make sense and the current market makes it tougher than it was a couple years ago when rates were sub 3% and deals were plentiful.

Hello everyone, I’m an out of state investor to Kansas City Missouri.I am based in North Hollywood California and I acquired 4 doors in the past year in KC MO .I’ve been buying Turn Key properties from my investor friend in KC MO.After getting my apatite bigger I’m looking to buy by myself in order to be able to create a bigger equity by doing the deal from scratch.I have a strong income and about $200K ready to invest.I’m currently looking on SFR and small MF (price range 80K-250K) that will cash flow and will generate long term wealthI’d love to connect with experience Real Estate Agents, Property Manager and Contractors.Thank you for reading my post and looking forward to connect and share more about my RE Journey!

I acquired the Bay Area properties pre-2013 so in a much different market.

Or are you wanting something that you can repeatedly leverage in order to acquire more properties? 

If you are focusing on volume, you might have to adapt your ROI to be able to acquire more properties and keep your people busy.

Hopefully we can get connected, I will pass you along to people here that can help you acquire anything you are looking for, they can also help from a property management perspective.