The manager's ability to do actual marketing or help in that department outside of just posting is a problem owners don't know they have.

"Because if you hold a property in a opportunity zone for 10 years you don't have to pay your bonus depreciation back?

On top of that you have operational inefficiencies that local investors simply don't have.Some of the absentee (OOS) slumlords are giving all of us property owners a bad rep here in Milwaukee.

I use property managers in both places.

Here's my question, I'm looking at purchasing a 3rd property.  

Amongst the common misconceptions I see by posters on BP are that hard money loans are junior mortgages to fill the gap between institutional financing and down payment; that it is in lieu of down payment so the borrower can acquire a property with “no money down”, and that it is money borrowed to use for an earnest money deposit.

Did I properly estimate the cash not only to buy the property but also the six month reserve funds that some lenders are requiring for non owner occupied units?

We now hold it as a rental property that cashflows well with a 2.75% interest rate (got lucky with the rate environment at the time of purchase!)

Hello all, newbie here with Pre approval letter and currently researching cities for investment properties. 

The cash flow is okay, it's not great, but the principal pay down on this loan is over $10k per year, and this is a great location, so the property value and rental rate will continue to appreciate over time.