Execution truly is the missing piece for so many.

This means the property is owned by the IRA, and all income and expenses flow through it.

Send them a written notice of non-renewal, following your local laws about how much notice you need to give.

They were referrals and the business started to grow simply because I had a competent team that was responsive and looked out for the owners' best interests.

Being prepared for these hurdles can make all the difference in achieving long-term success.

I do the same tropes of things in the Tampa Florida market.  

Additionally, while rates aren't historically bad right now, they are higher than 4-5 years ago, and they will be even higher for you as an investor than they were as an owner occupant, which is what you were when you bought originally.I get that you are anxious to add to your portfolio, but that could be achieved without touching your first golden goose.Sometimes on BP, the push is to leverage every last spare penny, but that can be a risky game as the markets shift. 

Hi - I am new on this platform - but am looking to help people accomplish financial freedom through real estate.  Contact me for a conversation.

California is the worst with taxes.

Haven't yet taken the plunge.