Nowadays-  those lots are hard to find for $100-150K and shovel ready (those with utilities in place) can often ask $250K+ in prime areas with ocean views or access and they are increasingly few and far between and sell FAST - because they are worth at least a bitcoin or two..There are a lot of drivers of PNW coastal appreciation including; societal and environmental refuge and retreat,  generational wealth transfer, demand growth, invest-ability and maybe most importantly - location.

It's incredibly fulfilling to witness the transformation and see our investments thrive.With my all-star team taking care of the nitty-gritty underwriting and property management, I get to focus on the big picture.

Meaning, in order to offset w2 income with STR paper losses, you must fulfill material participation criteria in your STR(s), the least of which would be 100 hours and no less than anyone else.

We’re seeing a bit of an oversupply of long-term rentals lately, and we have been applying different strategies to promote ,positioning , house perks , house shine conditions and price reduction strategies on our rentals... as we have done in the past with the only difference feedback from tenants has been they have too many options to choose and resulting slow to keep fulfilling the vacancies compare what we used to see in the pastI’ve noticed some folks offering incentives like a free month of rent instead of just rent price reduction.

Remember if the occupants turn out to be tenants with an effective lease in place then you have to honor that lease, so as long as they're paying and fulfilling their terms of the lease you can't really evict them, unless they like your cash for keys offer.

That goal of a "fulfilling third act" is a powerful place to start.

Rental Property Investor from Jacksonville, FLPREVIOUS POSTWhy I sold Cleveland.If you're a real estate podcast junkie like me, you definitely have noticed the clear shift towards real estate syndication in the multi-family space over the last couple of years especially.As deals became harder to find in single family and smaller multis across much of the desirable markets,the allure of pooling investor funds to acquire larger assets became a sort of self-fulfilling prophecy.Books that were mostly hurriedly written flooded the market pimping the upsides of this strategy.The argument for was simple and convincing:it is better to own 1% of a large deal than 0% of no deal.Personally,I could not help but notice that the popularity of the idea coincided with the rise of real estate crowdfunding.The likes of Realty Shares and Realty Mogul raised a bajillion dollars practically overnight making it very easy for everyday real estate aficionados to own small bites of a mega deal in rural Tennessee at the click of a mouse.A few of my friends experimented with the crowd-funding route, tossing $5000 into this debt offer and $10,000 into that equity offering.These punts yielded mixed results anecdotally, as an equal number seemed to have great experiences to share as did absolute nightmares.To be fair, no real estate niche is 100% fail-safe or iron clad.Money has been lost in a large single family portfolio as well as a personally purchased medium sized apartment complex.It is also certainly true that in the end, every investor will run out of money to invest in more properties if they decide to go it alone trying to rapidly scale up their portfolio, and real estate is most assuredly a team sport at all levels.

This means landlords cannot use lack of legal status alone as a reason to deny housing.As for your questions:Rent collection – If the tenant is paying rent consistently and can verify income, the lack of a Social Security Number does not prevent them from fulfilling that obligation.Eviction – Eviction is based on lease violations or non-payment, not immigration status.

All complimented with Amazon fulfillment centers, google, and more tech manufacturing jobs.The bad reputation of “Detroit” comes from OOS investors wanting sub $40,000, D class properties in poor condition, because they pencil out to 2-3% deals on paper.

Tailoring policies to local challenges and leveraging risk mitigation can optimize protection and costs while fulfilling lender and management obligations