Rates are higher than they've been and it's harder to find cash flow.

Keep saving as much as you can.

Lucy,  I would need to know the numbers to say, and whether this is a cash deal or mortgaged.I had looked at College Station myself, but concluded that it does not pencil out.I own a SF house in an upscale area of McAllen, TX and a quadplex nearby.So far, TX has been my worst market - property taxes just ruin the cash-flow.  

Purchase price: $330,000 Cash invested: $16,500 We purchased in 2021.

I don’t have that cash flow. 

Cash invested: $50,000 Retail syndication project, investment on 1 of 37 units in the development.

I just purchased my first duplex and have $10K in savings, what should I do with it?

Do you have $20k cash right now to make the necessary repairs?

It's a cash payment, no reversals, instant transfer to your Cash App account. 

There are a few reasons for this: 1) They are costly and the Exchange intermediary may require a whole host of inspections including environmental reports etc and 2) One has to come up with the cash to buy the new property without getting the equity out of the first property - not everyone can do that - add in having to get a loan while still being obligated to the loan on the “sale” property.