All Forum Posts by: Audrey Blotz

That’s a great idea, thank you! 

buying a property on market is an option of course  but just trying to find the best deal possible. Thanks for your feedback!

New investor here looking for some advice - I've realized that my ideal property is a home with some type of ADU so that I can rent out the main house long-term and use the ADU for short/midterm rental.

I recently listened to a real estate rookie podcast in which the new investor was looking for a similar property and mailed out letters to specific properties in a specific neighborhood in order to find off market deals. 

How can I find a list of homes that are not currently for sale but that may have an ADU, so that I can start to reach out to these owners about any potential interest in selling? Is this possible?

Thank you all! 

Audrey  

We lived in it about 21 months. Thank you for all the great advice! 

He/we lived in it just under 2 years! Dang, that’s a bummer. So, since we will miss out on that tax benefit would you suggest we continue renting? 

My husband bought a starter home in Richland, WA in 2020 for $250k and since then we have moved to New Mexico.
When we moved we kept the house and have been renting it for a little over a year - $225/mo cash flow (not including maintenance). The house currently has appreciated to about $340k. The market in this area is pretty strong with quite a bit of population and job growth, near good schools, etc but in a relatively older part of town. The house and all houses in the area were built in 1950’s. 
I would like to move forward with building our RE portfolio, but not sure if we should sell and put the profit into 1031 for a new property or start looking into other properties with limited cash on hand for down payment (and start saving up in the meantime). 
Also I should mention that my husband’s job will pay for most of our closing costs if we sell by November 2024 as part of his relocation package. 
Any thoughts and/or advice much appreciated!