With the economy of scale in multifamily, each additional unit nets you a little more than the last, as a rule of thumb.

This is a buy and hold in a great location in a great market Does anyone know of a group i can post this deal And last option we were considering was to use her cards to pay off my debt so then I can buy the house from her and get a loan on it If u made it this far thanks 🙂

The last thing tenants want to do is lose their section 8 support, it takes years to be approved for it.

Lastly, always keep your job and build your employment foundation because that keeps you income relevant and lendable.Hey thanks for your reply!

I have been able to review or been told of several audits (from other REI tax colleagues) related to cost segs in the last year or so- and of those none of DIY cost segs were allowed under audit. 

Over the years, however, we’ve found that we end up coming down to Orlando quite a lot, especially in the last couple of years, and we end up staying in vacation rentals (Reunion, Championsgate, Storey Lake typically).I would love to simply pull equity from the current property but given that it’s a long term rental and we are Canadians, from what we understand it’s not an option for us.we love reunion but I feel that would probably not be the best for ROI.  

As mentioned, I ended up telling her she can finish out the remaining 5 months of her lease via Zelle, but with the expectation that we switch to Avail if she renews (and Avail will be required for all future leases).I wasn’t sure about the legality of forcing her to switch to Avail since it wasn’t mentioned in the original lease I inherited from the last landlord.

Over the last few years, I take all of my STR profits and dump them into the stock market and I couldn’t be happier.

For example, in my market, we see MF building permits way down for the last 2-3 years.

Recognize there are challenges doing BRRRRs since the rate increases that have occurred in the last couple years