Each step brings you closer to achieving your dreams, and with careful planning and perseverance, you’re sure to find success on your real estate journey.

House hacking could be a smart way to achieve both eventually!

There is a chance their unit is also pretty dated compared to the others or others in the same neighborhood.

Working with Ron Rowan, we achieved a rewarding outcome on this well-planned investment.

However - if they're there and verified to be inspectors to ensure the unit is compliant, then yes you are obligated to let them do their jobs.

It’s crucial for me to achieve a favorable appraisal, as my estimates place me comfortably below 80% loan-to-value.

But, if a cost-seg study is done on the old property, you can manage Sec. 1245 recapture tax by doing a study on the new property to confirm it has as much or more Sec. 1245 property.You cannot swap a fully depreciated gas station for a raw piece of land and avoid recapture - you must replace all the 1245 and 1250 property.3) OZ - Sure you can defer your capital gains for a few years into an OZ fund, but the magic of OZ investments is the ability to achieve tax-exempt growth after a 10-year holding period.

And, especially if your goal is to build a portfolio to live off of, bad deals (and even marginal deals), will keep you from achieving that goal much more than slowing down and waiting for better deals to surface.But beyond that, I also find I get most burnt out when I am invested in deals emotionally and with time.  

I have done full bathroom and kitchen gut jobs while tenants lived in the unit. I

Now I get zero rent for the unit. I