All Forum Posts by: Andrew Syrios

College areas tend to be great (at least if they're not commuter schools, i.e. they are colleges where most students live on or very near to campus). I've written a few pieces on student housing you might find helpful:

- https://www.biggerpockets.com/blog/2015-07-29-introduction-s...

- https://www.biggerpockets.com/blog/student-housing-rentals

As for using equity in current investments to buy new ones, it's a very common strategy, perhaps the most common. I would want to make sure the original investment will still cash flow with the new debt and that overall, I don't get overleveraged, but yes, I think that's a very good way to grow.

Welcome to BiggerPockets Andre and good luck investing!

The ADU would be on the same parcel as the main house. So to do those repairs/upgrades, I would probably just refinance the house (assuming you have the equity). I see HELOCs as more useful for buying a different property for "cash" and then once the rehab is done, refinancing it and paying off the HELOC. Since these are permanent upgrades, I think a normal refinance would be best. I don't think there would be any tax advantages either way.

Welcome to BiggerPockets Rogelio and good luck investing!

For flips (assuming you own the house under a year), the IRS taxes the gains as ordinary income. So it wouldn't be capital gains, and unfortunately, that means it will probably be (mostly) taxed at a higher rate.

Of course, you could 1031 those profits into your next flip, or even better, a buy and hold property in which case you can defer the taxes for a long, long time.

So far, the decline is 2.4% compared to last year and it's projected to be down 5.1% this year. (Which is probably, at least in part, due to what appears to be global economic slowdown.) https://fortune.com/2025/03/17/foreign-tourism-us-forecast-t...

So I don't think this is anything to get overly worried about. Especially since tariffs and trade war talk is in the news and will probably fade over the next few months. I'd be much more concerned about a potential recession which definitely would reduce international travel (and domestic vacations). 

 Honestly I think that's probably a good way to go about it. (That's a bit tough for me to say given most of Oregon's new laws regarding real estate are awful.)

This sounds particularly scummy, but I do think in general more and more states/cities are going to start regulating and even cracking down on wholesaling even those who are doing right (unlike these guys if the allegations are true). 

Welcome to BiggerPockets Emily and good luck investing!

I think with detached garages that are relatively far away from the main house, this definitely makes sense. (Especially if the house also has an attached garage as people like having garages of course). If it's right next door or really small, probably not. 

Also it needs to be a good structure and not some jury-rigged thing that's more like a glorified shed as many detached garages are. In that case, you might as well just build a new structure which is usually probably not worth it.