If things don't play out and I have the ability to go wherever I want, then absolutely this would be the plan.

Will be interesting to see how 2025 plays out. 10 yr rates are still over 4 and spreads are not coming down quick enough to rescue people who bit off more than they can chew.Good luck with your MHP, we like that product a lot and have a deal in Central Valley, CA! 

Remember when I said all it requires is to not get greedy; some would see this and obsess on being at "only" 40% ownership now and completely ignore the fact of how all that math plays out in this. 

Aside from disclosures, which I think can sometimes hinder a purchase or a sale, it's a lot harder to play dumb as a seller when you are a licensed professional. 

Ultimately, it depends on whether you want to lock in gains now or play the long game.

Hi, I am a newbie investor who is playing the slow game in buying a primary, rehabbing, then turning into a rental or selling every 2 years.

Can you please share why or why not and how the performance played out over a longer period of time?

So we could do this loan strictly as a value add play on the self storage units and renting out the metal building.

With rental real estate, you can usually deduct up to $25,000 in passive losses, like depreciation and expenses, if you actively participate in the rental activity.But here’s where income comes into play: if your modified adjusted gross income (MAGI) is $100,000 or less, you can take the full $25,000 deduction.

MTR is our play there.Vegas can definitely be a tight market for flipping, with competition driving up prices and squeezing margins.