Or if you wanted to sell a rental to make the $200k from selling- you'd have to pay capital gains, and unrecaptured depreciation tax and potentially depreciation recapture. 

Partnering: If you're initially short on funds or experience, consider partnering with someone who has more experience or capital.

Cincinnati and Columbus chapters are very active here and nationally and a great resource for networking, recommended contractors/vendors and education.

Truthfully horrified that this is an individual who wants to raise capital from others "to scale" after owning section 8 rentals for 2 years.

By contrast, we just teach “stick to good underwriting, using title reports and escrow and having sufficient capital to make sure the seller is cared for”.

Gain is your net sales price minus your adjusted cost basis (purchase price plus capital improvements minus depreciation). 

A national bank will work in concert with the local town to determine financing. 

A BRRRR could maximize returns by recycling capital, but it requires solid execution.

The value of commercial MF has fallen nationally.  

The national western stock show is going on now through 1/26 so you still have time 😅Whether you go for the food, shopping, rodeo viewing, pony rides, dog shows, or the intense bull riding…there really is something for everyone.