When making investment choices, look into job opportunities, population changes, school ratings, amenities, and rental needs.

There might be some other creative loan products that are available to you so having a good lender can help reduce the monthly payments until the rents increase or you can refinance at a lower rate. 

My goal is to put it into an investment that will depreciate enough in the first year to cover taxes at ordinary income rate on 300k. 

The interest rates are high now.

So my discount needed to do a 15 with rates at 7.2% today would be .86%. 

He doesn’t necessarily go into the nuance of mill rates on every video but breaks down how to use it.

I really do not want to sell the Condo because I do have a 3.5% Interest rate w/ a positive cash flow of about $450/month, even after the $330 HOA fees. 

I have done two garage conversions in Colorado Springs.

BOE = Building basis less land value * 20-30% * applicable rate (now 60%)

My company does the following:• Free and simple MLO Licensing (22 hours online or in person and you choose your schedule)• Mortgage team to handle the backend (meaning, no structuring, underwriting or processing loans) • Competitive mortgage rates backed a company with 20+ years in the business• Downline revenue stream on the lending side (similar to EXP model.)• They do not have to change brokeragesIn my mind, there aren't many cons to this.