Of course we love our income tax break in Washington and lean towards remaining in our primary residency to benefit from it but the constant driving back and forth is challenging.

Then they probably won’t reduce the value any longer. 

So while you may not see a gain in value over the next two years, over a 10-20 year span you would typically see excellent growth.Also unlike the last five years where operationally the operator could be awful but saved by appreciation, today it is all about the asset management.How can you reduce costs, are there ways to add amenities to increase rents.

It helps you get into real estate with minimal down and allows you to reduce your living expenses.

Hi All,I currently have a W2 income and bought a STR.

If not, any lease to own lenders for income generating buy and hold deals?

Looking for the following:- At least 80% LTV- Quick closing- Appraisal mix of income/residential approach- Take historical income from existing portfolio for newly finished homesThank you for any recommendations!

Larry, If I’m following your math, you need to find a way to increase your income outside of the rental property to cover the mortgage+heloc $1500 payment.

The problem I am facing is I don’t have income and no collateral so I can’t finance my down payment  with lenders/banks. 

Had previously been avoiding real estate investment because I wanted the simplicity of passive income gains from stocks.