In all honesty if it ain’t broke don’t fix it.

Unfortunately I don't know what calculator would work for this strategy as I'm not renting it but selling it on owner finance and its not a fix and flip nor a BRRRR to my knowledge. 

Hi all,Was hoping to get perspectives / hear stories on how others approached the possibility of selling RE assets and using the proceeds to paydown debt on other properties.Here is what I see as potential +’s and -‘s:+ increase cash flow by removing mortgages (so more passive income)+ opportunity to sell underperforming assets- less assets under management (so less potential equity appreciation)- taxable gains (will not redeploy into RE as my sense is we are near the top of the market)- 30 year fixed mortgages in place at low 4-handle rates (based on simple bond math, the value of my liability is shrinking on a relative basis as rates rise)Other facts relevant to my situation:* RE is but just one asset in my portfolio (and I’m fine with that); cash flow and appreciation are great, but I’m looking at the asset class as more of a long term hedge against inflation * not looking to leave my day job and / or replace W-2 income entirely with passive income * don’t need the cash flows from RE; again, I see the asset as a levered inflation-hedging play

Sure, you can find a place for $10K and fix it up nice and try to sell for $80K, but you have to realistically think about who would want a home in some of those areas. 

I've heard so much about BRRR at Biggerpockets that I took the step of faith although to be totally honest, living in a house while it's been fixed is not exactly my thing! 

You want to have a system in place so when the first thing breaks you have someone ready to fix or know if you planned to fix yourself.  

If the management expenses and legal fees don't pencil out, you've simply bought yourself a job, like we see many contractors doing on fix-n-flips.

Pay the tax and hope for offset losses or huge gains on the index fund.If you're just tired of being a landlord and owning fixed asset real estate there are passive options that might work for you and are 1031 compliant so they would shelter the tax.

hi guys . Looking for some small job workers . Painting and sheetrock little plumbing too.a nd other small things. Not looking for a renovation company . Anyone know of a good guy or couple of guys I'm in Bridgeport CT 

need a small construction company for small work fixing things here and there.