What price do you think you can get for $500k of equity?  

Tenants in CA think they have all of the power but they don't, we as the landlord need to understand the lease in place and can then take back an equal position to them. 

Do you guys think its a good idea to use Heloc as part of a down payment to buy a larger deal?

& new stoveAgain, I'm sure some of you are screaming at your computer at this point, but I'm open to criticism and what you think would be the best value adds.Thank you!

That drive is quite a drag, especially when I travel 15-20 hours to Europe and land at midnight and have to drive another 2 hours back home in Sedona.I'm thinking of buying a small condo in a decent area not too far from the airport, that I can also STR while I don't need to use it (which would be 95% of the time) and offset the mortgage with... maybe even cash-flow a bit?

What is it that your wife thinks an agent does besides finding a property for someone and providing the contract which they don't make exceptions to?

@Katherine Van brocklin I'm happy to try to help you connect to anyone I can think of here in Asheville.

Hi Nicholas,When thinking about taxes and deductions for your real estate business, according to the last IRS info I saw, you cannot deduct improvements or upgrades.  

But generally I think areas that are relatively inexpensive with low(er) crime, decent schools, a diversified job market and steady population growth are the best places to aim for.

I would think there is some fair housing law/landlord law that doesn't allow you to post a property you don't own, but if they seller gave you the blessing I'm sure it's fine?