Quote from @Adedotun Kembi: Quote from @Jeff Roth: Hi Holly from Georgia-You own a rental in Colorado and you are looking to purchase a new primary residence and possibly use the equity in the rental for the downpayment.You have two options I am aware of with the rental to access the equity:1.

Managed and renovated entire triplex in a newly revitalized area.

Low cost, possibly yes, but also possibly very time consuming and that has a cost.  

Quote from @David Cooper: Quote from @Lauren Sanford: Quote from @Jim Rice: Lauren, really just trying to put together a group that would what to meet up if possible and share education, information & build relationships.

Fifteen percent IRR is possible, and single digit cash on cash is achievable. 

doesn't make sense to treat the house then throw all the stuff away, and replacing the carpet and repainting the entire house2.

If I had the business headquartered at some commercial or industrial space, I could deduct the entire cost of the space. 

But SFH are already seeing renewals at 2%-4% and release rates up at least 5% YoY...that number is even higher on some luxury ($3k+/m rent) homes as those are harder to find.The rest is entirely speculative.

The last year we increased 5% points in occupancy.Our Marketing spend:                               2024                         2023SEO                       $18,000                 $21,000  Paying to get our website and location occupancy up as fast as possible from 0% to ??

The infrastructure supplied by preREO including investment capital, legal support and loan servicing is also in place to make it as easy as possible for the local investor to capitalize on the real estate opportunities we are presenting.Thank you.