This strategy helped a Phoenix investor rank higher in the “Group Stays” category.A/B testing is another essential step.

So the owner is not stepping into any equity but instead his or her net worth is lower based on the fact that they had to pay closing costs on the transaction.  

If you feel that youre equipped to handle this, go for it; if youre not sure, then start with baby steps.

The world of real estate has changed.The result of the lawsuits is that a REALTOR® is now required to have an exclusive buyer's agreement before stepping into/onto any property on a potential buyer's behalf.

@Peter Vercellin  Welcome to BP and congratulations on your first steps.

Hi Christian, yes, it is possible to do BRRRR projects out of state - tons of my clients do the exact same thing and have never step foot in Columbus Ohio once.

Consulting a tax professional or financial advisor familiar with these rules would be a wise step before making any decisions.

Suggest you go to their site, there is approx 7 videos for you to watch to see if you want to go to the next step. 

From a tax perspective, keeping the properties separate may allow step-up in basis benefits for your spouse upon inheritance, reducing capital gains taxes.

One small step forward each day!