DO NOT, however, fall into a calendar trap; buy because the math is right, not because you want to keep up some self-imposed pace of expansion and it’s been X days since your last deal.  

If not, sell it and move to another investment/market.I was in Honolulu last week and it was all over the news further tightening of Air bnb. part of the issues is the 9000 homeless after the Maui fire and owners not wanting to rent to those displaced..

I see new homes going up everywhere, and my god the apartment buildings going up.

You should have  a lot of options if it's a building that's been updated etc.Farmers itself does some weird things with their deductibles and they're very specific what they want right now.Let me know if I can help.

The contact told me we should separate the 1099 income from s corp entity, that would already save us money.we should also give a percentage of our s corp as shares to our two daughters, that would also save us taxes.I also want to get into real estate investment to build passive income.  

Most important thing to me is learning about real estate and how to build wealth through real estate

These expenditures are capitalized, meaning they are added to the property's basis and depreciated over time.Examples of Capital ExpendituresBuilding Additions: Adding a new room, deck, or other structural improvements.Major Renovations: Remodeling a kitchen or bathroom, replacing the roof, or significant electrical and plumbing upgrades.Appliance Replacement: Installing new HVAC systems, water heaters, or other major appliances.Structural Repairs: Replacing the foundation or significant repairs to the building’s structure.Labor CostsLabor Costs: The costs paid to contractors, electricians, plumbers, carpenters, and other professionals involved in the renovation are part of capital expenditures.Example of Capital Expenditures with LaborSuppose you renovate a rental property, including a new kitchen and bathroom.Materials: $15,000Labor Costs: $10,000Total Capital Expenditure: $25,000This $25,000 would be capitalized and added to the property's basis.

I've discovered that most private lenders prefer borrowers with some experience, which I'm working on building now.My main focus is on my exit strategy.

The alternative would be to buy a lot and build a new 4,500 sq ft home.

Cost me 15 months rent by the time the drama ended with an eviction.The latest experience I had (just last year) involved a tenant claiming that he had job issues.