To live multiple states away and run a string of successful C-class long-distance BRRRRs anywhere in the Rust Belt is practically impossible.

Very well versed with fix and flip (help create a full scope of work with phasing if you are new or out of state), we have three teams of contractors to get jobs done quicky (all licensed), long and short term rentals, and love the PadSplit concept for greater returns.

Like to learn about long term rental

I had a long conversation with Equity Trust today, and I'm almost ready to move forward with them, but upon further investigation they seem to have some pretty negative reviews.

3X is a GREAT entry for most as long as it's not a sinking ship or with crushing overhead and miniscule margins. 4X-7X is a normalized range for acquiring many different business's. 

I have a local representative who can meet the sheriff, but I've heard the arrival window can be quite long and the sheriff won't stay there long.

But here are ways to reduce capital gains taxes:Deduct expenses (renovation, selling costs) in 2024 to offset gains.Hold for 1+ year to qualify for lower long-term capital gains tax rates.Invest in a Qualified Opportunity Fund (QOF) to defer taxes.Use tax-loss harvesting to offset gains with investment losses.Pushing 2024 deductions to 2025 won’t help much with 2024 capital gains.

With careful planning and consistent effort, you can create a portfolio that aligns with your long-term goals.Good luck!

We live in 1 unit and are considering the pros / cons of making the other 2 units either short-term rentals or long-term rentals.

At one point my Brokerage employed over 70 Agents and trust me, those stats track.So when a company starts advertising on my show, or an Agent starts working at my Brokerage I can usually if they'll make it long term or if they'll flame out.