A realtor who understands the numbers can help analyze the property’s projected cash flow and ROI, plus they might know local leads from probate attorneys or even “drive for dollars” efforts that can reveal off market gems.

The ads probably relate to a well known GURU on YouTube who convinces people to spend $12,000 to join his "community" and to send him leads.

@Elizabeth Leb Every dollar of that $20k needs a purpose.

I'm not understanding the purpose of wanting to refi.As for the phone calls, look up trigger leads and how to opt out.

The $200k financing would serve as a purpose to be a downpayment, or do you want the $200k to be the top limit of the investment?

What do YOU look for when roaming a new environment for that purpose?

The IRS views it as taxable income because it’s not being used for the purpose of deferring taxes under the 1031 rules.For example, if you sell a property and only use part of the proceeds for the next investment, the leftover amount (after paying transaction costs, etc.) is taxed.

With the most difficult buyers it can lead to last minute re-trades over inconsequential amounts of money but is just a pain to deal with.

That leads me to believe that this is a commercial property or larger (more than 10 to 12 units) multifamily.

Seasonal Slowdown (With a Twist)The holidays always lead to a slower rental market as potential tenants prioritize family, travel, and gift-giving over finding a new home.