Just different colors etc....He initially listed his for $505,000.There are comps in the area that justify the 495-500K.

I initially had no clue to the comment so went to permit office.

We did this because initially we were just going to build/sell, but I would rather hold on to it.

We personally provide a 10-page FAQ sheet to potential new clients after the initial interview call to ensure they have a clear reference point for everything discussed.Wishing you all the best on your rental journey!

@Sung Yu You can 1031 exchange your fourplex into a single-family home, provided it’s initially used as an investment property (rented for 1–2 years) to meet IRS requirements.

Its affordability, ongoing revitalization initiatives, and strong rental market contribute to its appeal.

@Damien Davis you'll make less on the initial projects but the experience you'll gain will be completely worth it.

Preferably low or no money down as best seller would be one only interested in the monthly incomeI then sell said first property and take that cash to buy the investment I am really wanting and I get the terms I want.only thing I don’t know about yet is, how to dodge the tax on the sale of the initial property?

You’d be able to pull out $330,455, which is significantly more than your initial $236,930 investment.Your Initial Investment Back: This means that in 5 years, you’ll not only get your original investment back but also keep an additional $93k in your pocket.However, there’s a downside:Negative Cash Flow Impact: Over the next 5 years, due to the negative cash flow of $1,229 per month, your total cumulative loss will be $(60,153).

It can be trained to provide an initial analysis but I agree, nothing replaces expertise and sound underwriting.