We're not entirely familiar with how the fractionalization of an existing property would work in NY specifically. 

Does anyone know which insurance company still writes landlord policy in Richmond area/Condo (94804)?

If you need references for either of them in San Diego, let me know.

RE is a get rich slow game and there are increasing number of people talking about how difficult it is to retire from your day job even with large numbers of rentals because cash flow is thin.On the one hand there is the Small But Mighty portfolio mentality which I believe is a book in the BP store by Chad Carson.

A cost segregation study looks at the overall building that you purchased and breaks it down as much as possible.The purpose of this is to increase the depreciation expense.Without a cost segregation study, you are depreciating the property over two items(Building and Land).However, a cost segregation study might identify items such as fencing which might be eligible to be depreciated over 15 years instead of 27.5 years.Depending on the year that the building was placed into service, you might be able to take bonus depreciation on certain items.The follow-up question to ask your CPA is will the cost segregation study help me, and by how much?

I have to expect we're in for a correction sooner or later given how long it's had a bull run (other than covid and the brief really shallow "recession" we had in 2022).But its returns will almost certainly be better than 6.5% over the long haul.

Why not be the Guinea pig and test it out for us and let us know how it goes. 

It might be a value-add for prospective tenants to know there is a mechanism in place to leave early.

Your story is inspiring, and it’s great to see how far you’ve come on this journey.

I tried to look for any info on the Berkeley Assessor's website but couldn't pull any bed/bath info for the house.Let me know what you think?