![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2770648/small_1707855042-avatar-haemij.jpg?twic=v1/output=image&v=2)
13 February 2024 | 5 replies
Currently, we are leasing the property, generating a net profit of $380 per month and living in Missouri.We are contemplating the decision to sell this property and potentially gain $239-278K payment to buy additional investment properties in Missouri given the rising rental rates in the area, we anticipate increasing our rent and potentially securing a net monthly profit of $780 (annual$9,360).While we acknowledge a monthly profit, our concern stems from the apprehension that the property might not fetch as high a price in the next five years or that our HOA fees and taxes could escalate.Given this situation, what course of action would you recommend?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1088327/small_1707751874-avatar-robbiem16.jpg?twic=v1/output=image&v=2)
13 February 2024 | 5 replies
See if someone sticks out as a potential partner.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2923800/small_1705632910-avatar-ariellaj.jpg?twic=v1/output=image&v=2)
14 February 2024 | 8 replies
Candace@Ariella Jacques One potential downside is that when you refi you will only be able to pull out 80% of the market value (so leaving 20% of your cash behind) instead of having the option to put down as little as 5% when you use a loan to purchase.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/302839/small_1621442937-avatar-bok.jpg?twic=v1/output=image&v=2)
14 February 2024 | 26 replies
A smoking deal will consist of an asset that is severely underperforming but has clear potential (and you can prove it), or is an overlooked hotel that has the opportunity to change brands to a more upscale brand, thus increasing the rate and occupancy and becoming more valuable.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2236183/small_1635343899-avatar-albertol32.jpg?twic=v1/output=image&v=2)
14 February 2024 | 28 replies
EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/632589/small_1689953711-avatar-1cleverinvestor.jpg?twic=v1/output=image&v=2)
13 February 2024 | 0 replies
I have started looking into repositioning assets and trying to hit a higher NOI.A few considerations that I have been looking at are NOI, Future potential, and appreciation.Does anyone have a model they use to decide what properties to hold vs reposition?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1551598/small_1621513493-avatar-tomc278.jpg?twic=v1/output=image&v=2)
14 February 2024 | 14 replies
If there are too many for the house size it can be difficult to secure financing or potentially sell the property one day
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/715093/small_1621495953-avatar-jacobe12.jpg?twic=v1/output=image&v=2)
13 February 2024 | 7 replies
Hi,I've found a property in the Indy suburbs that has fire damage.I'm looking to invest in the property, and have mostly been chatting with general contractors to get an idea of the potential costs involved in restoring it.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2636355/small_1680047704-avatar-jordanb549.jpg?twic=v1/output=image&v=2)
14 February 2024 | 3 replies
Hi Jordan,Considering the purchase of a plot of land in San Diego County, CA, to place a manufactured or modular home, it's clear you're navigating a complicated and potentially rewarding path toward homeownership.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2587707/small_1668691755-avatar-jaredt123.jpg?twic=v1/output=image&v=2)
14 February 2024 | 4 replies
New Bern is not the hot look and sprint into for deals, but an investor who has a desire for affordable housing, or wants to tailor towards an more aging population then New Bern can be a potential location to look into.