With $65,000 invested in strategic renovations, we transformed the home by modernizing key areas and enhancing its curb appeal.

I think we all know about the importance of black out curtains and a comfortable bed and linens, but after buying the wrong product, I have learned how important a good vacuum is to many travelers.

Two key ones are expected appreciation and expected rent growth.  

Vetting Potential PartnersOnce I find a potential partner, what are some key questions I should ask or red flags I should look out for when vetting them?

Closing was pushed back to end of April so I don’t have the keys yet.

I had a non-performing loan once where a borrower would do a deed in lieu, but there was a deceased co-borrower, and my attorney required me to go through the foreclosure process to clear title.The borrower knows you’re foreclosing and does not contest the foreclosure and “turns over the keys” to the lender.  

Selling and exploring a 1031 exchange could make sense if you can find a deal with stronger cash flow or faster equity growth, but the key is comparing your current return to what your skill and experience could generate in another investment.Here to help,Jorge

Simple touches like fresh paint, landscaping, and clean walkways can make a big difference.Highlight Key Features: During the appraisal, point out any high-quality materials or unique features you've added.

Here's the key components to calculate your tax liabilityAdjusted cost basis - Is the purchase price, plus capital improvements, minus depreciation.

This is the emotional journey I went through and the key business decisions I made along the way.