Have been tracking the news on insurance which surprisingly to me- is not expected to rise in Colorado, post the LA fires.

I wouldn't be surprised if Boston required this type of "remote eco-mitigation." best regards,Chris

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

Surprisingly, these homes that once sold for $7,000 are now selling for close to $1,000,000 and it doesn't seem as though the rate of appreciations is decreasing anytime soon. 

Ask yourself if you’re confident you can achieve a higher return by putting that money into another property or investment.Reserves: Do you have a strong emergency fund?

When contract is about to reach 5 years, i plan to make some upgrades on the property and ask for re-finance, hopefully pull out some equity and get a fixed rate mortgage.Let me recommend a backup with emergency fund (equivalent to 24 months operating costs).

Hey Eric, appreciate you laying out the journey.. sometimes, real estate can feel like a marathon where every mile has a new surprise, rght?

I was a bit surprised when I heard that, and someone please feel free to correct me if I'm wrong.Overall, nicely presented, as always! 

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!