We ended up selling those properties. 

Purchase price: $255,000 Cash invested: $60,000I bought a condo back in 2019 in Ashburn, VA as a rental property.

@Noy Rivlin Most single family homes that make sense as rental properties are about $125k-$225k.

Maintenance is one of the biggest challenges, maybe even #1, in the Property Management industry.Seems maintenance is, Never Fast Enough for Tenants, or Cheap Enough for Owners!

This year for 2025 my wife and I have made it a goal to improve our financial literacy to purchase another investment property.

@Lauren Ruppert Yes, an LLC can sell a property to your child’s LLC, ideally at fair market value (FMV) to avoid gift tax complications.

@Muhammad Kashif Flipping a property in 6–9 months results in short-term capital gains, taxed as ordinary income (up to 37% federally, plus NJ state taxes up to 10.75%).

You can also use BiggerPockets resources to find investor-friendly lenders.## Strategies: Flipping, BRRRR, House Hacking- **Flipping:** Focus on properties that need renovation but have good potential for resale.

We had a neighborhood meeting last week to discuss the development with nearby property owners.

You need to transition the tenant out of your property.