Also, has anyone tried landlord insurance? --70.104.xxx.xx

Kissing 40% of your profits in taxes will easily make a investor shed a few tears. --47.155.xx.xxx

The problem is "40% of your profits" is actually inflation - the government is taxing you on the loss of the value of the dollar. Your apartments aren't getting more valuable - it is just that the dollar is losing value. 1031 exchanges help avoid being taxed on phantom gains, but I read Biden is planning to limit 1031s and increase capital gains taxes. --91.196.xxx.xx

Once this free for all is cleared up where non payment of rent can be enforced so owning rental units is sustainable. If have a lot of equity then can sustain difficult times. What is happening here is vacancy rates are non existent or one per cent at the best of times. In some major urban areas where houses are well over million not many are moving out into houses. With low vacancy rates or no vacancy rate are able to screen out tenants with credit scores below the seven hundreds. The increase in the cost of building materials is going to passed on in the cost of building new rental buildings or houses which means if things get worse the value of house or building will drop dramatically. Another factor is age and health where owning rentals is not as easy as some say. Once you are able to receive a pension then will look at things differently. If there are not too many stupid people who do not want to get vaccinated then the pandemic will drag on. I can not believe that people value social media more then what the doctors know. After having many discussions with a few different medical doctors the complications are easy treatable in a hospital in a few hours where getting Covid 19 can effect you for entire life or even worse. Now that the supply of vaccines is available already took first dose of Astra Zeneca where after 30 days is 70 per cent then after the second dose it is a lot higher. Would have preferred Phizer where would have to wait where decided to get vaccinated ASAP. --99.236.xxx.xxx

So us? We are buying more. --50.82.xxx.xxx

I'm keeping mine for now. --70.178.x.xx

But, for the moment, I'm sitting tight. --76.178.xxx.xxx

That's exactly why I have my "for now" qualifier. --70.178.x.xx

Hundreds of modern, great looking apartment buildings were built here over the last 10 years. People must like living in ant hills with cars all over the place. Now I am mostly getting applicants that would be better off budgetwise in B and C areas but they are applying for my empty unit and offering me 250 dollars less than asking price. Oh and they have a 30 pound rescue dog. Um, no sorry, can't do that. --108.24.xx.xx

I paid 87K for the house in 2012. So I’m happy selling for 312K. --75.89.xxx.xxx

I'm not waiting until they show up at my door to take what I worked all my life to acquire. --24.180.xx.xx

Keep renting. I have 100% paying tenants. They are all essential and responsible tenants. --99.23.xxx.x

So no one is doing a cash out refinance and keep renting their properties out? --70.104.xxx.xx

I sold several this past year. I am now waiting to buy when prices to drop or really good deals to fall in my lap (chance of that of course is slim). --72.70.xxx.xx

Nicole, a really good deal fell in our lap yesterday, but for flipping not renting. --50.82.xxx.xxx

I will never sell my homes. Florida has tuned into a gold mine. Don't even try to come here cause nothing is for sell. Plus we don't care how you do it. --99.174.xxx.xxx

So I am renting on. I think this will be over soon. Ten Generals just signed a demand for the FBI and other agencies to share what they have on Russia and China. This same thing happened in Burma also in the fall. Military took over, put the pretender in jail as well as anyone who protested. Our military is sworn to protect the Constitution. --108.24.xx.xx

Well my Florida house I listed Friday for 298K has gotten 10 good offers so far, the highest one being for 335K. I’m selling while the selling is good. --75.89.xxx.xxx

Selling. Too much government interference. Clearly no one in the government has rentals or they would not let this happen. --73.230.xxx.xx

So I just did a couple of cash out. Received lower rates on investment and personal. Hoping the market does allow for buying again. Would like to buy something I could rent and also use like an AIRBNB. When the government stops manipulating the market prices may adjust. Buying is currently on hold as Long Island is not possible to buy and rent currently. --68.192.xxx.x

Sold 50% of my properties --72.180.xxx.xxx

What I don’t get is how blind so many people are to this. --75.89.xxx.xxx

I'm not planning on selling in the near term. My plan has been to sell about 7 years out. LL/Tenant laws in PA are still reasonable and I've avoided issues with non payers. I do think changes may be coming though as there are a lot of people who are hard pressed to find housing, often because of their raggedy lifestyles. If I were in NY, WA or OR, I'd be selling. --209.122.xx.xxx

The smart people in Germany moved their money into hard assets like real estate in the 20-30's and did very well. Those that cashed out and stayed with the local currency suffered. It's the dollar that is taking a beating now. The treasury sales last week had few foreign buyers which is going to be a huge problem for the dollar. With not enough buyers on our treasury's, Katie bar the door. --24.123.x.xxx

The FED will be the buyer of last resort for treasuries, but I agree, this isn't good for the dollar. As I understand it, there are a number of nations decoupling from the dollar. --172.58.xxx.xx

Dan-just supposedly sold a place on the Island. What a Cluster that is with all the lawyers involved. Maybe if I had waited, I could have gotten more but this has been "sold" for a few months now. I wouldn't want to start over again and have it go on for a few more months. I have never seen anything like it drag on and on. My understanding is that all that paperwork form every one is in-just waiting on the title company, mortgage company... --204.14.xx.xxx

Sold out before covid. Now have more cash than I can spend and less headaches. --67.32.xxx.xxx

MC...Selling and buying on Long Island is certainly a process. I’m an investor, but also a realtor. Long Island is hard to cash flow due to the prices and taxes, but possible if you buy correctly. A great time to sell if you are looking to exit. --68.192.xxx.x