And now I'm wondering if I spent way too much, considering how small my business is and only one property.

Just like with multifamily buildings, the more modern and move-in-ready a property is, the less potential there is for adding value, which can limit your return on investment.I suggest looking for off-market properties.

I’ve owned the property for 5 years and this is the first instance of this issue.

Hi there, my wife and I live in California and are currently under contract on our first rental property, a duplex in Bismarck, North Dakota.

Here’s a revised version:Hi everyone,To summarize, I’m looking to buy another property in the same zip code, and I’m considering two options:1.

I would make a site visit to where they live now and see how they treat the current property.

I'm under contract for my first investment property. 

Plus, investing in a developing area gives you a chance to see your property appreciate as the neighborhood grows.However, there are some things to consider.

It was a slow start to the initial spring 2024 shopping season, but properties are still closing quickly, still nearly 1/4+ for all cash and the majority of investors are well capitalized due to the appreciation of their real estate and stock based assets. 

--strong financial results for property owners.