If you hold a property long enough and it is a good one then getting all your money out and ending up paid off is a great thing but for some an asset to leverage.At the end of the day it is all about personal choice.

Investment Info:Townhouse buy & hold investment.

Our first question is, should we sell this place now and use the $80k for a multifamily property or hold and use for a rental property.

I'm currently heavily considering the PRR method (Primary, rehab, rent) where I get a SFH renovate it during the year while living in it, rent it out after the year, and repeat.

If the property is posted on a fsbo website & Zillow if I was to wholesale for more than what the asking price is on those sites will every cash buyer shoot me down when I shop it even though there’s still plenty of equity available for a fix & flip or to buy & hold or whatever other strategy they may want to use???

As I’m using it to hold money that likely won’t be needed for long term this account makes a lot of sense.

Another way of doing it is your brother putting the property in a title-holding land trust and then transferring the equitable interest to you.

I would typically consider normal wear and tear, unless there were repeated attempts to mount the TV unsuccessfully, such as missing the studs multiple times, which I have observed on numerous occasions.

Investment Info:Single-family residence buy & hold investment.

Trying to take our next steps in our investing, primarily interested in long term buy and holds and maybe some fix and flips in the Colorado spring and Pueblo area.thanks for the great forum!