We are selling off our beach properties due to the rising costs of everything beach related, and the aggravation of property management companies. 

Feel free to reach out if you want specifics, but if not best of luck in your journey!

Feel free to reach out if you want to chat sometime

>Seems to me that at scale, a portfolio like Luka's would indeed build wealth over timeIt is cash flow negative in a market that has an appreciation rate (2.17%) for this century below the inflation rate.https://www.neighborhoodscout.com/oh/cleveland/real-estatehere are some thoughts about your plan: - why perform a value add in a market where the value add does not add much value especially if the property will be acquired at no cost?  

The cost and the insurance is not worth the extra rent.Gino

Please feel free to provide inputs.

It will likely add value less than 50% of its cost.  

Low cost investment that fast forward 3-5 years it will be worth much more allowing you to pull out equity/cash to buy more.I see investors buying $350K homes only cash flowing $400 a month, so Yes 100% good deal.

A hypothetical to see how people factor costs when rolling equity forward into additional purchases.For this example assume  you purchased property “A” for 100k, and put 25% down. 2 years later you sell it for 125k so you now have 50k (25k from your initial down payment + 25k in equity).

I’m sure many of you have heard of a cost segregation study.