.)✅ Did seasonality impact your strategy?

@David Avetisyan If you sell your home for $510K and provide a $10K seller credit, your taxable gain is based on the net sale price of $500K ($510K - $10K credit), as seller credits reduce the gross selling price for tax purposes.Tax Impact in CaliforniaCapital Gains Calculation: Your gain is the net sale price minus your adjusted cost basis (purchase price + closing costs + capital improvements).Primary Residence Exclusion: If you’ve lived in and owned the home for at least 2 of the last 5 years, you may exclude up to $250K (single) or $500K (married) under IRC Section 121.California Tax: Capital gains are taxed as ordinary income at rates up to 13.3%.The $10K seller credit lowers your taxable gain.

Keep in mind that the cap rate could change from the time that you buy the property until you go to refinance it, so this could impact your proceeds. 

We've been head down for 5 years getting started with this portfolio, just starting to become an evangelist for sober living now that there's some proof in our business that it's impactful and profitable.

Focus on researching neighborhoods, property taxes, and insurance costs, as these can impact your returns.

IMPACT Grapevine is a solid event where you can meet general contractors, subs, and other investors who have done renovations in the Fort Worth area.

Soft, indirect lighting will elevate the space without looking gimmicky.Small design choices make a big impact on guest experience and ADR, so think about what aligns with the upscale, intimate vibe you want.

This cost impact not only lessons the take-home an installer can get, but it all passes through to the end customer in higher cost of good's.     

That is an alarm bell alerting everyone a SubTo student doesn't want involved.SubTo impacts the ability to take on more debt.

As a 'newbie' I hadn't yet considered impact to the sale side once that were to occur.