This combination of low taxes, low maintenance, and high rental potential makes Vegas a strong contender for savvy investors seeking long-term profitability beyond just the purchase price.

The property’s potential for strong appreciation, combined with its appeal to high-quality tenants seeking modern living in a historic setting, made it an excellent addition to my portfolio.

The property’s potential for strong appreciation, combined with its appeal to high-quality tenants seeking modern living in a historic setting, made it an excellent addition to my portfolio.

Combine both strategies. 1031 into a small multifamily where you live.

IMO, this combination of lower NOI growth and increasing interest rates will not only cause cap rates to expand / values to decline... it will also make it more difficult for owners to refinance, even out of "safe" long term fixed rate permanent debt.Personally I would not want to own leveraged multifamily assets now for this reason.  

I have clients in tech, pharma, entertainment, and more that do real estate on the side.

We many a handful of them for our clients, and the combined rental income covers their expenses.

I financed this deal using a combination of cash and a line of credit.

I financed this deal using a combination of cash and a line of credit.

Recognizing the opportunity to combine steady income from existing tenants with the ability to develop the lower level for Arbol Eatery and other amenities, I pursued direct negotiations with the seller.