I was waiting until interest rates dipped down a touch more but I know they could also go back up in the next 3 months.

Typically speaking, individuals living on either the West Coast or East Coast experience significantly higher home values which makes investing in rental real estate properties more difficult.

Hello all - Long story but any help would be much appreciated.• I purchased a small 1B/1Ba condominium in a high rise building in 2004 for personal use.• In 2010, I moved out and decided to put in in service as a rental unit.• I was able to keep it well occupied and leased throughout 2024.• I sold the condo unit in late 2024 for a nominal profit.That brings us to today. 

This requires careful structuring and compliance with IRS rules.Installment Sales or Buyouts – Instead of distributing properties outright, investors can sell or buy out their respective shares over time, spreading out tax liability and reducing immediate capital gains impact.LLC Restructuring (State-Specific) – Converting the corporation into an LLC taxed as a partnership may allow for a more tax-efficient asset distribution.

Would be interested in connecting to learn more about your experience. 

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

A mix of 2 or more? 

House hacking by purchasing a duplex, triplex, or single-family home with extra rooms can help you reduce or eliminate housing costs while building equity.

I took out the existing planter boxes and made new ones, changing the layout, and poured some new gravel to make the walkway more weed resistant and add drainage.  

A more intrusive approach would be to Google the owner name and see if you can find relatives and skip trace and call them.