Avoid areas with high vacancy rates or declining property values, often concentrated in certain inner-city neighborhoods.Since you’re out of state, building a local team is crucial.

Hi Michael,Finding the right CPA is crucial for managing your investments effectively.

Managing money might not seem as exciting as closing deals, but it’s one of the most crucial aspects of running a successful real estate business.

Let me break it down based on your scenario and the updated market landscape.Replacement Property and MortgageYou're correct that your replacement property must be equal to or greater than the value of the property sold ($440k in this case) to fully defer taxes.

@Bob Beach Seller financing can be a good option, especially if the buyer is offering above asking and covering agent fees, but it's crucial to structure the deal carefully.

I have a W-2 Job and 3 properties, what is the minimum amount of profit or income should my properties generate for the year for a lender to consider me worthy of a loan, all things being equal. 

Of course they will eventually come up to the prices you have to rent a newly financed property for... but there is a lag there where the market equalizes.  

If you’re aiming for 3 months, having a reliable team and the right lenders in place will be crucial to keeping things on track.More about how DSCRs support BRRRR refis: https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...

Its very likely that all subsequent posts will be equally one-sided.

Additionally, considering the time value of money is crucial, as deferred gains and tax efficiencies may improve long-term returns despite upfront losses being largely on paper.