I would recommend getting the nicest property you can for a reasonable price.

Hello all, I am very close on closing on my first property.

Here’s why you should consider investing in this growing market:Affordable LandFlorence offers affordable land compared to larger markets, allowing investors to secure property at lower prices with strong potential for appreciation as the area develops.High Demand for New HomesThe city’s growing population is driving demand for new construction.

I’m all about the rental properties and fix-and-flips too, so let’s definitely share insights and strategies.

- What property class is the rental (A, B, C, D)?  

I have a property in Kansas City that has been freshly renovated.

Your losses even depend on number of things like the basis of your earlier property, any additional capex required like HVAC or major repairs, output of cost segregation studies, etc.

Here is the deal:I am in a rent to own situation for an investment property. 

My strategy involves purchasing and renovating properties with cash, and I aim to recoup approximately 75% of the loan-to-value ratio.If you have any recommendations for lenders or resources, I would be grateful for your guidance.Thank you!

If it passes, that means there is a ceiling on rent, which means owning rental properties in CA less attractive.