All Forum Posts by: Dan Pohlman

Thank you all for your input.  I talked to an attorney who specializes in 1031's and estimates cost to be around $1,200 for this transaction.   Appreciate your help!

Dan

Jesse, Chris, David, 

Thanks, I obviously need to do some research. 

Does anyone have experience with using a 1031 exchange to sell a property and then purchase a "like" property with the profit.  Is an attorney required to facilitate this trans action?   

Jay,

Thanks.  Sounds like it has worked out well for you. 

Dan

Mitch,

Thanks for your response.  Yes I like the idea that client does the upfront work and pays fee.  It would very convenient being able to do it 24/7 online.

Dan

Christian,

Use your personal home's equity very conservatively.  I would always retain at least 30% equity in your home.  Remember what happened 6 years ago.  Good luck.

Dan

Bryan,

Good point.  Thanks.

Dan

Andrea,

Thanks.  It seems that there is statistical data showing that someones credit score is an indication of responsibility.  My car insurance company just gave me a discount based on my credit score.  Obviously there are more considerations but I think your service would be helpful for the initial screening.  Thanks for your response.

Dan 

Brooks, Ryan,

Thanks for your response.

Dan

Has anyone used the Trans Union Smart Move for tenant screening?  Pros/Cons? Do you recommend??

Thanks,

Dan