Instead of stressing over timing it perfectly, focus on making sure the deal still works even if rates shift.Since you’re buying in Norfolk, check if lenders there offer any investor-friendly incentives.

Of course, if you buy them, the depreciation clock starts over.

How much does it cost to buy down rate per %?

Terry,Yeah, you can use your commission toward your closing costs when buying your own home, but tax-wise, it’s not a clean wash.

Commercial insurance rates have increased significantly over the past few years, and 5-unit is the most inefficient asset type to buy.

I was okay with consistent cash flow without much appreciation especially when considering a portfolio of property as opposed to buying one unit at a time.

I am looking to buy my first investment property and have seen strong fundamentals in Indianapolis (job growth, population and median wage).As an out of state investor, I am looking to connect with investors/agents in the area to build further knowledge on specifics with the markets and hopefully bring business to in the future!

.🔹 Step 19 & 20: HVAC (Heating, Ventilation & Air Conditioning)A working HVAC system is a huge deal—no one wants to buy a house that’s too hot in the summer or freezing in the winter.

Some areas worth looking into:Centrally located neighborhoods like Alhambra and parts of Maryvale still have affordable properties with strong rental demand.West Phoenix (Tolleson, Avondale, parts of Glendale) offers good price points with room for appreciation.South Phoenix is seeing a lot of development and has solid long-term potential.Mesa and pockets of the East Valley can work, especially if you find something that needs light rehab but has strong rental demand.It’s definitely tough to get both cash flow and appreciation in today’s market, but if you’re strategic with your buy, rehab, and financing, BRRRR is still doable in Phoenix.

Quote from @Crawford Peay: Hey just wanted to jump on here and introduce myself My name is Crawford Peay, I am located in Memphis TNI help investors buy and sell properties along with managing their portfolios in Memphis and the surronding area!