Purchase price: $115,000 Capital partner securing a relocation residence for a disabled American veteran and spouse.

Purchase price: $115,000 Capital partner securing a relocation residence for a disabled American veteran and spouse.

@Marcus Auerbach I’m finding it more affordable across state lines and plan on relocating out of IL.

You could be liable for Tenant Relocation Expenses. 

Will be making my first purchase in 2024 when we relocate to Arizona after my wife finishes her apprenticeship as a tattoo artist.

They do this because they get preferential treatment on their accounting books as an expense versus owning an asset.This also frees up capital for them to re-image a current location, build more stores, or re-locate a property to a better site.

Seattle seems to have a process for terminating a lease early due to rehab, but it is a 6 month process and may ultimately require me to pay the tenants a $1,600 fee for relocation benefits and I can't start the rehab until the property is vacant.They are amazing tenants, so even though I'm excited about increasing value and cash flow ASAP, I think it might be worth keeping them through the year. 

I am relatively new to REI but on a consistent path to increasing my education, and have recently relocated to Aventura. 

They passed Tenant Relocation Fees of $4400-$6500 capping rent raise at 9.9% so if you have an old unit that's getting only $700 you will only be able to raise it $63 even if you had to do a $20,000 upgrade you are capped.

Interest rates, quantitative easing, struggling foreign markets, millenials starting families, boomers relocating, job markets transitioning, populations migrating, are all examples of just a market with a combination of real estate friendly causes.