I have perfect credit, am a real estate developer/ GC with great income, recently turned 30 and have always had the mindset of keeping all my properties since I am in this for the long run.

It took us a couple of weeks but we slowly increased their rankings unit they were on page 1 (based on search parameters of course) and they got a 10 day booking soon thereafter.We use Price Labs to check out the date of the last booking.

What minimum cash flow or ROI do you require to make a long-distance rental worth it?

I currently have a 7% cap rate living in one of the 3 units, that'll jump to 18% when I move out to purchase another.Housing prices have been low and stable for the last 20 years and I don't expect it to increase anytime soon. 2 out of Rutland counties 4 colleges closed down last year for lack of attendance (before COVID-19).

Many builders use incentives to remain competitive while maintaining base pricing for valuation purposes, but I agree that transparency and long-term affordability, including property taxes, are crucial.I’d be happy to keep an eye out for any upcoming opportunities where builders may be offering price reductions or more favorable terms, and I’m always here to help you navigate through those options when the time is right.Let’s stay in touch and revisit when you’re ready to explore what’s available!

If you have not refinanced in the last 3 years, which from your LTV it seems highly likely you have not refinanced recently, your current rate is likely far less than the current rate.Because of the combination of the prop 13 discount and loan rates that may be less than half what you could get for a new MF purchase, I recommend you continue to hold your current property.  

Then, when their house doesn’t sell, they’re left with three tough choices:Drop the price: Cutting the price might help get more eyes on the house again, but it can also trigger red flags.

As long as the portion being used for investment is at least as much as the net sale of the old property, he will defer all tax and depreciation recapture in the 1031 exchange.

I got Joe's course back in the early 2000s and man was that ever an eye-opener.

While I see a lot of value in working with agents to source (off-market) deals especially in the CRE space, my biggest perceived need now is having an advisor to act as a second pair of eyes and 1/ review my analysis and projections; 2/ ensure that the terms outlined in the LOI are reasonable; 3/ point out any blind spots I've missed.Below are a few potential ways I could go about this. 1.