It could easily become an unenforceable lease January 1st or the date any other law changes go in to effect. 

You’ll want to speak to a cpa on this but if you received any money at closing on the 1031 properties, that’d be considered boot.When you do a 1031 exchange, the basis in your new property is effectively deferred.

With zero rehab and no holding time, this was one of the simplest yet most effective transactions possible.

Sometimes, a quick conversation about how both parties can streamline communication can yield surprisingly effective results.Have you tried setting up a shared digital workspace or platform where both you and the vendors can update the status of maintenance tasks.

At 2.9%, that’s almost free money, and you’ll likely earn more elsewhere by keeping it financed.If you can refinance your primary residence into a lower rate, that would make more sense, but given where rates are right now, that might not be possible.I get the concern about being heavily leveraged, but since your rentals are cash flowing, your tenants are effectively covering those mortgages (aside from your primary, of course).If you have any credit card or other unsecured debt, I’d prioritize paying that down first, as those carry much higher rates and compound interest.If the numbers make sense, adding another property could still be a solid move even if it means taking on more debt.

By asking these questions, you can gauge the professionalism and reliability of a property manager, ensuring that you choose someone who will effectively manage your investment.Thank you for outlining these points — this is genuinely helpful.

I have experienced that a duplex or triplex gives you more effective tenant management and long term value, but room by room rentals may reduce a small multifamily property's cash flow especially if your market has high demand for rentals from students or young professionals.

Lockboxes have proven to be the most effective solution for me.

With any partnership, substantial economic effect is going to come into play here.

And what effect did we experience from deportations during Obama era?