A friend of mine invested in one last year—apartments upstairs, a small coffee shop downstairs - and the combination of income streams made it a steady performer.Scaling with a 1031 Exchange:While not applicable unless you sell a property, planning for a 1031 exchange could help you scale quickly while avoiding capital gains taxes.

This approach avoids downtime and lets you start earning right away.Future Bookings:Taking over bookings can get tricky since Airbnb doesn’t allow direct transfers between accounts.

I choose Digb specifically to avoid some of the issues you mentioned.

It typically involves a person gaining access to remaining equity in a home that is subject to foreclosure.10. https://www.legalmatch.com/law-library/article/equity-stripping-lawsuits.htmlAcquisition: The rescue artist convinces the homeowner to transfer the title to their house to them as a way to avoid foreclosure.

.- Avoid being the mediator, judge, and jury

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

They strategically avoid speaking to customers and offer support via online chat to a non US based helpdesk.

Another thought if you have already been in the house for a year is to continue to work on it, add more value and then sell it after two years so you can avoid the capital gains.

My personal thesis is to avoid the HOA altogether, problem solved.RESTRICTIVE COVENANTS can still run with the land even if there is no HOA, placed on by the developer.

The most important step to avoid a catastrophe is to create a detailed contract with your contractor.