., are all ideal in my opinion. 

Industry experts suggest the current uncertainty creates ideal investment conditions for those willing to enter the market.As we step into 2025, we wish our valued readers prosperity in their investments, clarity in their decisions, and success in seizing the opportunities ahead.

Ideally a HELOC is used for less then a  year project where you can refi or sell to pay back the HELOC. 5 years is a long time, things can happen and if you reduce the cashflow on both properties you'll be increasing the risk and having thinner margins.

Look for a local credit union that can offer a cash-out refinance once the work is done, ideally with minimal seasoning.

🙌 I’ve definitely seen the pros and cons play out in both single-family and multifamily properties in my own journey.

We want to buy an arcade machine for our STR that plays a bunch of different games.

Role-playing.     . you paid $300k 10 years ago, it’s worth $660k, (so when you sell you net $600k to make math easy.)and your cpa determined that you owned zero land, so it’s all depreciatable. you owe 15% on the $300k gain plus 25% tax on $109k depreciation recapture, so you owe $70k in federal taxes, then California reaches out for another $30k?  

Ideally they will have a pool of investors looking for a turn-key property. 

This plays into the affordability issues for tenants by allowing them to live in nicer neighborhoods for less money, yet I get monthly revenue comparable to short-term rentals.I have also shifted my focus to buying better.

Ideally, I would prefer to capture their existing bookings after closing, by directing existing bookings to my new listing, but there are some dependencies/uncertainties I'm working through and would appreciate any advice or shared experiences here.