Our Business has been growing rapidly as we've employed our capital in the acquisition department.

The area and home does not appreciate very rapidly though.

I currently own investment properties in Grand Rapids, Kalamazoo, and Metro Detroit.

Unlock financial peace with Rapid Fast Cash! Trusted for years, we specialize in expert tax consulting and services, including swift tax refund assistance. Our year-round availability ensures tailored solutions for ba...

Legislation around STR has been changing rapidly everywhere and no guarantee that it will be allowed forever where you buy, this is why its good to make sure it still works as a LTR.

Sacramento and all surrounding areas are continuing to grow rapidly so higher appreciation is not guaranteed but is almost one.

Quote from @Karter Ringstaff: Looking for information on the easiest way to get approval from hard money lender if you’re an first time investor  Hi Karter, I am a local agent and investor in the Grand Rapids area.

Here are some key factors that I'm considering:Potential for Appreciation:Local Metro: The urban environment often sees faster appreciation rates due to high demand and constant development.Nearby Rural: While rural areas might not experience rapid appreciation, they can offer steady growth and potentially lower entry points.

Wrong, well two of them are in a part of dc that is rapidly declining & no one in the family wants to take care of (and he certainly cannot) and has deferred maintenance on both, the other two are beachfront and a block from the beach, one already got it by a hurricane (no damage, but did trigger a special assessment & insurance skyrocketed) the other one just being near saltwater for 70 years takes a toll on a place, the other thing that happen’s with real estate over time is appreciation eventually rapidly outpaces rent growth so these aren’t as big cash flows as you’d think, a decision is was made to keep these properties both for appreciation and of course stepped up basis (most of these properties he bought for nothing and then depreciated the hell out of) while he has great assets and it will all be fine in the ends and we are all very lucky he has the assets to cover my grandmothers care, frankly trying to figure all this when he’s 88 and everyone is stressed just isn’t ideal, he probably should have just 1031’d up certain properties that had environmental and/or let’s just say locational risk into new or very new construction in the easy to rent burbs like a decade ago, while the tax implications always make selling at tough proposition, I think at a certain point in everyone’s life especially if there are lucky enough to have kept properties for decades should transition them into these easiest assets they can find in their market (you can even put in a reit or more specifically a Delaware statutory trust) to make thing’s easier for them and their family once they are no longer capable of managing those properties themselves. 

This enables you to possibly profit from the property's appreciation even in the event that your initial cash flow is negative.Opportunity Cost: Investing the money you would have saved by making a 20% down payment on a different property might diversify your holdings and raise your total return over time.Appreciation: The return on the lower original investment may surpass the negative cash flow if the property increases at a rate of 5%.Considerations:Market Stability: Although Florida has traditionally seen rapid growth, it's important to take the stability and possible swings of the market into account.