What we are seeing is a massive increase in the number of properties for sale which has resulted in more competition between sellers and more of a balanced market than we've seen in a long time.If we continue to have a high number of properties for sale and a shortage of active and able buyer's then we should have some really solid buying opportunities even if the overall market doesn't drop. 

Use due diligence as a reality check to create accurate and achievable projections.

It is indeed difficult to achieve good appreciation in most markets I've observed.

I am expecting to sell the triplex for around 1.2 - 1.3 mil and there is about 500k in loan balance so there is up to 800k in equity.

Hi all,  out of curiosity and personal interest in achieving this as well, I would like to get the GC license.

In my area, courts will not allow you to collect the lease balance if the tenant breaks the lease.

You probably got a great rate also in 2022.You have an Asset the minute you move out ( it's a liability now) - Lenders like this and so will you on your balance sheet and tax return.

Everything is a balance of looking for new opportunities and not getting shiny object syndrome.

How can we help you achieve your goals?

So its a balance of you want to have some equity in the property but also want to make sure you have cash available as well for rainy day.