Some markets have recovered to being at pre-covid levels, but most have not.

Example of tasks I’m looking for areWhen: pre-closingcategory: designTask: research on interior designerWhen: post-closingcategory: team buildindTask: find cleaner and backup cleanerThe above are example tasks and not meant for discussion.

I have about 5 more years before building is completely paid off.In these situations I wonder if its better to just sell the building soon or repair.

Hey everyone, this is my first time posting in the community, so apologies in advanced if I violate any social norms here.As I understand, selling a personal property allows for no capital gains taxes to be paid on the first 250k profit from the sale.

So YOUR investment of $200,000 is now worth $1 million after 15 years, AND you own an income producing property that is completely paid for!  

(luckily all my tenants paid, but I hear apartment owners got screwed by the bottom feeders.

What information about myself and my partnership can I pre-package to arm myself with before approaching a potential lender?

Overall, the rise of average daily rate and occupancy rate has slowed down, while the number of listings has continued to rise.All in all, the STR market is settling into the trajectory it was on pre-covid, not falling off the face of the earth.

I have a property in Baltimore that's completely paid off but is ground rent.

Because my income starting out is expected to be around 200 K, I believe that I can rely exclusively upon conventional financing to begin with, until I exhaust the total of 10 mortgages for which I am eligible, and proceed to snowball all profits into paying off each consecutive property -- each time I pay one off, I will be eligible for another (10th) conventional loan, as well as a home equity loan secured by the recently paid off property, which I can use to buy 1-2 more properties.