Force B — The Fear of Losing a Long-Term Asset(“Will we regret selling multifamily-zoned land near high traffic?”)

Once the property becomes a rental for good, you eventually lose the ability to use Section 121 on the full gain unless you move back in for another two years.

You will end up losing money then selling at a loss. 

Hi everyone,I had a situation today that I’d love your input on as fellow hosts.A guest who had a confirmed reservation reached out on the same day as check-in to ask if they could change the dates to after thanksgiving.While I always aim to be flexible when possible, this request came after today’s booking was already locked in, and allowing the change would mean I lose that night’s income with very little chance of rebooking last-minute.To be clear — the guest is not asking to cancel (initially wanted to cancel but now ...), just to move the entire reservation to new dates, which Airbnb typically treats as a modification.

.- Without knowing what you are doing, this could be a disaster that leads to you losing everything:(Better to learn how to manage the 3 you have and IMPROVE operations to improve cashflow. 

Additionally, make sure to look at the risk involved as far as losing your nest egg, or part of it.Good Luck!

Chicago deals move fast, and the properties often come with quirks—tenant issues, mixed-use layouts, outdated systems, appraisal challenges, etc.An investor-focused broker helps you:• Close faster• Structure offers more competitively• Access multiple lenders and programs• Navigate Chicago-specific property challenges• Avoid deal-killing underwriting issues• Scale your portfolio with the right financing strategyWhen it comes to competitive neighborhoods, your financing can be the difference between winning a deal or losing it.

Most people in the industry experimented with this already, but aren't having success because email addresses are not highly accurate when you skip trace the lists - especially if you're using a cheaper datasource.Atop of this, you're in Denver, which is an affluent market.

Asked this same question a lot--here's my two cents--first define what you're trying to work towards & when you want to get there--a lot of people want passive income with minimal effort then get upset when their "sanity" currency becomes over leveraged--check out Robert Allen's shift--he started as a massive creative financing & BRRR promoter then went the turn key route --DM if interested, can expand 

We did something similar and rented it to friends and people we knew in order to do a test run and have them comment on what needs to be fixed or changed.You should be able to claim the entire year for both cost seg and depreciation.