Investing in these areas comes with multiple tax benefits such as:Tax-free growthTax payment deferralTax discount for long-term commitmentAdditionally, investors can feel great about investing in struggling areas and stimulating economic growth in these areas.The investments must be owned by an Opportunity Fund.

A higher factor is where are the interest rates and whether the list price is appropriate.

Understanding the local market there, like rental rates and property trends, is crucial but hard to do from far away.Finding a reliable property manager is vital for tasks like tenant screening and repairs.

I always tell people that I think one thing to consider in this environment is whether you have a high or low interest rate loan.

We don't trust the sellers numbers and insurance rates are always going up. 

Interest rates had nearly doubled from the same time in 2022, significantly impairing affordability. 2.

For 8% you will not find any private or hard money lenders at those rates.

However, given the current economic climate, where interest rates are notably high, I'm concerned about the feasibility of acquiring new property in 2024 that would not only be financially viable in terms of cash flow but also suitable for leveraging accelerated depreciation benefits.

Also, most who will buy a home in the price point as a flip will likely utilize a construction loan to improve upon the rate of return.

Hello all, I am trying to avoid refinancing a rental property because my interest rate on it is 3.2%.