Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

We have around 50k to start and we are not sure if we should use our money or should we use other peoples money as that is always what I hear about real estate investing.

The LTR unit's depreciation and losses would be considered passive and can only offset other passive income unless you qualify as a real estate professional.

With the current economic conditions, how are shifts in interest rates and inflation affecting your investment strategy in the U.S. real estate market?

Hi All,Pennsylvania has new legislation going into effect in January 2025 that requires wholesalers to have a real estate license in order to wholesale.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I plan to invest in real estate in this area.

The due on sale clause will be the biggest worry, even though it's uncommon for banks to enforce it, they have the opportunity to at any time.

Hi @Ellen Feiss I agree with @Ty Coutts that you should start with informal, friendly, face-to-face conversations with the tenants to establish rapport, especially as you have some lead time here before next April.People don't like surprises or having to scramble, so if you are able to let them know your plans in advance, if they are reasonable people they should appreciate the extra lead time.This is especially true if their rents are currently very under market - they will have sticker shock when they look at what other units are renting for, and have to spend more time finding a new unit (if you'll be asking them to leave).If you have to move into one of the units yourself, I'm surprised you (or your lender) didn't make it a condition of the purchase and make the seller have the unit vacant for you.Sooner or later in rental real estate, you will have to establish a relationship with an eviction attorney.

I've been relentlessly researching all things real estate over the past couple years - reading countless books, watching hundreds of hours of YouTube videos, listening to thousands of hours of podcasts, etc.