All Forum Posts by: Mike Dymski

The lease ends in two months.  Sell it afterwards.  If it was your primary residence for two of the last five years, you will owe no capital gains tax.  A local agent would have to opine on July being a bad seasonal period but the summer is not bad in most places, particularly for a 3BD/2BA.

There have been very few posts about real acquisitions for the past three years.  It's mainly just talk about "the market".

US population is growing, just at a slower pace.  Whether it continues to grow past 2040 or so will depend on immigration policy (and how many kids Musk has).

High cost of borrowing and construction decrease supply, which increases value.

I'm hoping that AI will make it easier to find actionable information and for like-minded individuals to mastermind (versus current networking that is full of pitches and/or inexperience).

Use what works, ignore what does not, and stay focused on what matters.

Well said.  I am part of investment groups that run background checks on sponsors and/or I run them in TLO.

The pitchforks are out for public company executives too.  They just come from board members and institutional debt and equity investors.

Buy in a growing area, with little risk of extended vacancy or long term loss of value, have reserves, and you can sleep well at night (with or without leverage).

There is not much to debate...the chart below says it all.

I would get Dan's device, get him to sign an addendum and charge him immediately, and then non-renew because life is too short to let people like him take advantage of you.  If he does not answer your call, leave him a message that you are filing for eviction and follow through on it.