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All Forum Posts by: Arch D.

Arch D. has started 6 posts and replied 14 times.

Post: 1031 tax exchange to buy bigger property

Arch D.Posted
  • Investor
  • Washington, DC
  • Posts 14
  • Votes 5

Hello investors,

i own two 4 units in washingtin dc.  The first one is worth around 550 and  i owe 355 and the second one is worth around 650 and i owe 337. im thinking about selling these properties and using the proceeds to buy a 20 to 60 units in Dertroit Michigan. is this a smart move? or should i reconsider? im also looking for commercial financing.

Post: starting a group home

Arch D.Posted
  • Investor
  • Washington, DC
  • Posts 14
  • Votes 5
is a group home in DC lucrative? I have a 4 unit building I'm thinking about using as a group home.

Post: Do I need to form an LLC?

Arch D.Posted
  • Investor
  • Washington, DC
  • Posts 14
  • Votes 5
look up umbrella insurance. I have two mfu now and I have an umbrella insurance. but now I'm thinking about putting my conventional one in an llc
Congratulations! ! Good come to those who wait!!