When we moved, we turned it into a rental, hoping this would be the start of our real estate journey—something we’d like to continue once my husband retires.Some key details:My husband is active duty and will retire in 3 years.We have one final move coming up this summer to Raleigh, NC.Our current debts are crippling us—the high interest makes it tough to stay afloat every month.The plan me and my husband are thinking bout:Sell the rental property.Use the proceeds to pay off all our debts, set aside emergency funds and a down payment for our next home.Free up $1,500/month from debt payments, and that also can stash in a high-yield savings account.Regain full VA loan entitlement, allowing us to purchase a multifamily home and use the house hacking strategy for up coming move.Avoid capital gains tax, since April marks five years of ownership, and the tenant’s lease ends in May.This wasn’t our original plan, and we hate the idea of using our equity to pay off debt.

The priority is consistent recommendations from active investors.

I think the first question is do you want to be an active investor or a passive investor? 

I was thinking that the post card thing was worn out, but maybe if one targeted the postcards to reference only addresses that were actively seeking renters on Zillow or Redfin, one could avoid all that waste that comes from blanketing every address in a zipcode. 

If we see any reduction in interest rates in the near future, we expect the market to become even more active, which would only amplify the already noticeable shift.Jan 1, 2020 to Jan 31, 2025 Mortgage RatesIn summary, while we are still navigating some uncertainties with higher rates, the outlook for the Las Vegas real estate market in 2025 is promising.

As you start closing deals, you will need to reinvest your profits into mailing lists and other scalable activities to grow your business.

Use Series LLC to handle management activities, including collecting rent and signing leases.

Additionally, the city is actively encouraging redevelopment and attracting businesses back to the area.

My company is actively scaling in the multifamily space, and partnerships are at the core of what we do.

If it is an older home with stone foundation and brick/block walls likely you will need to underpin the foundation while lifting the home and then star bolting any active bulging.