All Forum Posts by: Elisabeth Pafford

Hi Central MD REI Socialists! Shirley and I are hosting a meetup in Frederick next week, on April 18th. We hope to see you there!

https://www.biggerpockets.com/...

A real estate investor social event! Investors at all levels welcome to join for our Frederick edition of the Maryland REI Social where we get together and talk all things real estate. Some of you may have already joined us in Central MD where these events started out a year ago in Laurel, MD. Come alone or bring a friend, everyone is welcome. The event is free of charge located at a local Brewery in Downtown Frederick. There is no pressure to pitch anything and there will be no sales pitches. This is a place to come out and meet local investors and talk about our experiences and make connections in the community. See you all there!

Details on FB available here: https://www.facebook.com/event...

Hey Steven - are we doing the next meetup on Thursday?

Thanks Garrett! I didn't crack into the 2% range but it is sub 4. Another reason I am hesitant is not really seeing better deals, so it seems trading to trade isn't the right play. I think the DC area is pretty insulated, so hopefully that will keep property values at least level.

I have a home that I house hacked and have rented for about 2.5 years now. We didn't intend to rent it when we bought it so we ended up over-improving it, but at least it's allowed us to charge a bit more in rent. We have a sizeable amount of equity in the property and were considering cashing out of this older home and taking some time to figure out the next opportunity in the hopes of leveling up from a SFH (I still feel like I have a lot of learn before leveling up). We wouldn't have to pay cap gains, but we would get stuck with the depreciation recapture in this case. Plus we earn about $700-1000/month in cashflow and have a low interest rate, so it's hard to say goodbye to those. As the there are plenty of warnings out there that there will soon be a downturn, I'd hate to miss a future opportunity clinging to my status quo. Looking for others' experiences deciding on when to sell, especially if you didn't have another property to roll the equity into as well as in this current uncertain economic situation. Thanks!