This type of exchange provides investors with a way of increasing liquidity and diversification of their real estate investments, while deferring very costly capital gains and depreciation recapture taxes that may result from the sale of properties.

Value and rents have increased exponentially with values in the area.

That will help your property sell for higher in the future and will also help increase your rental income.

In tough economic times, people downsize, increasing the demand for affordable housing options like mobile homes.

The investor must consider whether the potential property value increase or other benefits outweigh this loss.

You will be able to buy another appreciating asset and increase your net worth.

If I could do things over again, I would likely manage things manually.I could see software being valuable as you increase your number of doors, but for a small number, it doesn't seem worth it if you're reasonably organized.

If you believe that rents and property values will increase in the future, it might be worth accepting the negative cash flow for now.

I have a 5-year old mutt who’s my best friend, recently engaged to my fiancé of 5 years, aspiring Adirondack angler, learning JavaScript and Golang, self-taught whiskey “sommelier”, Lego fanatic, and car geek.

As of mid-2024, the median sale price in Stockton is around $460,000, showing a modest increase of 3.4% year-over-year.