Purchase price: $570,000 Cash invested: $30,000 This is my first house hack!

I recently acquired a commercial mixed use at a great price and now that it’s fixed up, it’s worth considerably more and cash flowing well. 

The last thing you want it to trigger income taxes from accidentally cashing out.  

With out knowing your actual cash position, it is tough to tell.

Purchase price: $28,500 Cash invested: $178,000 Sale price: $250,000 Bought a 3 unit riddled with drugs or prostitutes from the city at the tax auction, spent a year gutting and consolidating all three units in two structures to a single-family home with an exterior side entry garage.

While Colorado's market can be challenging due to high prices, exploring suburbs like Colorado Springs or Pueblo, or even considering out-of-state markets in the Midwest or Southeast, can open up better cash flow opportunities.

If so, we do not have a seasoning requirement for cash out.

Instead of jumping into an expensive Long Island market with negative cash flow, consider investing in a Texas market like San Antonio, Houston, or DFW suburbs—these areas offer strong rental demand, lower property taxes than NY, and better cash flow potential.

The plan is to make it a cash flowing HipCamp.

The whole thing was ridiculous, and there was no one policing it, and homeowners and landlords didn’t want to pay the extra $.