That kind of shift always creates leverage for people who understand timing.NAR’s latest Confidence Index reinforces that the market is active beneath the surface:• 2.1 offers per listing• 19% selling over list• 29% cash• First-time buyers at 32%• Typical contract: 30 daysAnd Louisville’s numbers are telling a story of their own.Louisville Market (Today)Active listings: 3,498Inventory is tightening.Listings sitting 60+ days: 1,448That’s 41.3% of our entire market aging out.Multifamily inventory: 101Sitting 60+ days: 59That’s 58.4% of multifamily stuck in place.When this many properties cross the 60-day line, it doesn’t mean the market is weak.

From a tax angle, being active duty actually gives you a few big advantages right now.

Since your wife will actively manage the Airbnb unit for more than 150 hours a year, the income and losses from that unit may be considered non-passive, which means some of those losses could potentially offset your W-2 and 1099 income.

Using depreciation, cost segregation, and the right entity setup can make a big difference in how quickly your cash flow adds up.If you’re starting to build your portfolio, focus first on strong cash flow properties, then later look at strategies like short-term rentals or qualifying for real estate professional status to offset more of your W-2 income.You’re definitely on the right path, real estate is one of the best ways to turn active income into long-term, tax-efficient income.Good luck, and happy to connect if you’d like to talk through what that might look like for you.

Immediately report any pest or rodent activity or suspicion of contaminants.f.

Partial note sales let the seller receive capital without giving up the whole note.Investors get secured payments; sellers get liquidity.Anyone here actively using partials?

Active Income: While the monthly cash flow might be minimal or slightly negative initially, you are exchanging active management (like an STR often requires) for passive wealth building via mortgage paydown and appreciation.Rent Growth: Rents generally increase over time.

Does my wife's REP status allow me to deduct passive losses from the 2 rentals properties against our active income, or does the fact that she does not materially participate in managing the rentals prevent us from doing that?

This will show any past complaints, and if the license is active and in good standing.

I’m curious — for those of you actively investing in flips, rehabs, or rentals, how do you handle financing when a deal comes up fast?