Purchase price: $540,000 Cash invested: $114,000 Sale price: $870,000 Contributors: John Whitney, Katie Kepler Beautifully updated home now available in Beacon Hill!

I have 5 vacation rental properties in the Texas hill country & I want to scale.

Purchase price: $490,000 Cash invested: $84,000 Sale price: $680,000 Contributors: Vlad Tselnik, Katie Kepler Thoughtfully designed Olympic Hills Rambler.

Hey everyone, I am selling a home down in Indianapolis, and have signed a purchase agreement with another investor 2 weeks ago. We are supposed to close by next Monday, Feb. 21st. Almost immediately after the purchase...

I've had a property lease-up prior to closing so you've got Day 1 occupancy which is huge for that silent killer of vacancy.

I understand the above sentiments and I’m not going to die on the hill of “realtors are great so you should get one.”

If you lived there 2 out of the last 5 years, you won't pay any capital gains tax (for now, there are proposed tax changes on the hill, one of them is getting rid of that and everyone paying capital gains, period. 

This at times is not communicated to the buyer properly and they assume it will go away after 1-3 years; however, most of the programs I have worked with for my clients are ones that leave a second home loan on the house (this might be a silent second).

Are you on a hill?

Since it was a good deal ($1950 for a 3-bedroom in the Fox Hills area of Los Angeles) we were fine with it.