This established rental history is valuable in building a reliable portfolio.Renovation Potential: Although renovations are needed, having control over the property allows you to tailor the improvements to your preferences and budget.

Sellers and realtors must navigate these waters with agility, understanding the motivations that drive each group to close the deal:- Diverse Marketing Strategies: Tailoring sales approaches to meet the emotional and financial needs of each demographic can make the difference in today’s segmented market.- Understanding Motivations: Recognizing that boomers may prioritize ease of transaction and lifestyle amenities, while millennials may value potential for appreciation and work-life balance, can inform more effective selling points.As the landscape of homebuying evolves, staying attuned to the demographic shifts will equip buyers, sellers, and industry professionals with the foresight to adapt, thrive, and find success in a market as diverse as the lives it aims to house.

The tips and trick you'll learn for attracting everyday residential clients first time home buyers, sellers in a particular market will not be the same techniques use to attract investor clients.

My comments are purely based on what was posted as to technique, methods of dealings, and obvious intentions as stated.

Even if I only raise it by $5, the important part is to establish that routine so everyone's conditioned to accept it as normal.Lots of threads on BP about techniques to do so.

In many situations, it's not needed:- when you don't have losses after all deductions and depreciation- when your income is too low to worry about taxes- when you have gains that can absorb all losses, for example from selling a propertyand other situations.When you do need/use REPS, you try to amplify your losses for that year with techniques like cost segregation.PS. also, your wife is an MD, and your income is under $100k?

The advantage in using this technique to fund real estate and other needs in life is that 1st you are in need of a life policy and then you also get the added advantage of cash value with a guarnteed value, a dividend which increases your cash value and death benefit.

@Katie WillcoxI think we often have to tailor our requirements to our local market.

If you keep doing rent-by-the-room, just be aware that scaling that can be difficult because at some point, you'll have so many leases running, it can be difficult to manage.Also, with our house hacking clients in Colorado Springs and Denver, I recommend working with a lawyer to get a lease tailored to the specifics of rent-by-the-room.

Those loans are called DSCR , but there are many other loans tailored for investors.