Seeking to connect with brokers and investors in the Central Ohio area for 30+ unit multi family properties.
Looking forward to meeting.
Jeff

Been with a handful of property managers during that time.

I would reinvest in a another property and use a 1031 exchange to detour taxes.   

Also would need to know if the property would be owner occupied or an investment property. 

Ok yeah we are thinking of getting an investment property loan so we can stay in our current home.If we did the FHA route we are considering on living in the new property for 1 year and then moving back into our old one after the year is up.We are curious if we would get a more favorable rate if we borrowed from our home equity to buy the investment property.Do you have any idea if many investors borrow from their home equity to get started?  

I am currently under contract for a property, and my inspection period has just expired.

Pricing a rental property too high is a BIG mistake. 

@Janine Sharma The decision to classify your onsite mobile home park property manager as a W-2 employee or a 1099 contractor depends on the degree of control you have over their work.

Investment Info:

Single-family residence fix & flip investment in Success.

Purchase price: $55,000

Cash invested: $25,000

Sale price: $119,000

Bought at around $50k
Fixed up at around $20k
So...

Have a frank conversation with the property manager.