If you sell, you’ll likely face a significantly higher rate on any future purchase, which could make finding a cash-flowing property challenging.

Of course, it comes with many different challenges.

Raising equity can be the most challenging aspect of closing a deal.

Risk that the IRS will challenge it, which is far more likely than with a full-service professional report3.

Challenges?

Managing a property can be incredibly rewarding, but it does come with its fair share of challenges—especially with the recent shifts in Rhode Island legislation.In 2024 alone, 39 bills were introduced, and seven significant ones passed, including extended rental terms, mandatory fee disclosures, and other updates that every landlord should have on their radar.

Investment properties prove to be more challenging, but not impossible when titled in your own name.  

What are your current goals or challenges in real estate?

They always make sure to have line(s) of credit to get them through challenging periods.

We have had challenges collecting a couple/few times from OTAs.