My main goals with these initial projects are:1.Gaining valuable insights into the local market.2.Getting hands-on experience with out-of-state investing, particularly when it comes to remodels and managing from afar.3.Testing the entire BRRRR process to see if it’s the right strategy for me long-term.If all goes well, I’d love to scale up and explore multi-family projects.

Have you started thinking about your strategy or exploring potential markets?

We are starting to explore options for buying his shares to eliminate him as a risk and a roadblock but still have funds leftover for growth.

This vary heavily town to town. 20% down is great if buying strictly as investment but if you have a way of owner occupying I would explore that route and apply the 20% down to increasing value of property and instead using low money down loan. 

To minimize capital gains tax on the sale of their primary residence, your in-laws can utilize the $500,000 capital gains exclusion, potentially explore an installment sale to spread tax liability over several years, or consider converting the property into a rental to use a 1031 exchange for tax deferral eventually.

Welcome to the real estate hive.. are you open to exploring off-market listings through your network?

I am exploring options - sell his place, use is as a rental or take some equity out if it to purchase another property (I was thinking maybe a short term rental on the lake)?

Whether you’re lounging on the beach, hiking up Diamond Head, or exploring world-class restaurants, Waikiki has something for everyone.

Are you doubling down on short-term rentals in tourist-heavy areas, pivoting to long-term rentals in growing suburban markets, diving into value-add multifamily properties, or exploring something completely different?

Over time, I’ve built a network of 20-30 clients who are always eager to explore new opportunities, and right now, real estate is at the top of our list.I’m diving deep into how to best use $150K-$200k in 0% interest business funding for real estate investments.