My family and I are looking to move between January- April of 2025 and we bought our current house pre 2020 so we have a large chunk of money in equity, we really have 3 options on our plate.

With effective management, properties in the right neighborhoods can yield handsome returns, potentially meeting or often exceeding your 7-8% net target.Regarding the most attractive area:Each neighborhood you've mentioned offers unique benefits:Miami Beach: A world-renowned destination with high demand from tourists year-round.

@Nicholas WhelpleyTo assess a property's potential beyond the 1% rule, consider factors like cash flow, market trends, income streams, house hacking benefits, risk management, long-term vision, and professional advice.

The earlier you recognize this, the better off you will be in the long run Exactly this is the kind of borrower that is a freaking nightmare and I personally would not even engage or write them back..

I’ll be out of state, which I know is a big red flag for many.Well below 1% minimum of Rent/Property ValueHoping to self-manage (Yes, another big red flag)Loss of capital gains exclusionMONTHLY SUMMARYRental Income $3,500Less ($3,440) Mortgage (2,900) HOA (390) Rent Ins (150)Less ($1,155) Property TaxTot Exp ($4,595)Rev: ( $1,095) !!

Hi @Jay Patel I’ve definitely found that having a Virtual Assistant can be a game-changer, especially for managing tasks like underwriting and organizing deals.

I have an opportunity to build mixed use apartment and I want to get an expert thoughts on the projections and what should I be spending on construction to make this project profitable.

If so, it's going to be difficult -- especially managing this from a distance.

I’m a broker in Tampa and I currently house hack myself and primarily work with other investors and individuals looking to house hack.

Your acquisition manager should paint a picture of how it will look after you go under-contract, mentioning that you'll need to send an inspector, contractors, and/or partners, and that it usually takes 2 or 3 visits.