All Forum Posts by: Dennis Maynard

Build your network.  Start local and expand.

@Charlie Moore based on your responses to the last 2 posts, you don't really understand what it is.  Go back and review @Maximilian Glodde example.  This is tax code so you need an accountant regardless.  If you are looking for tools and education, spend $1200 and take the CCIM CI101 course.  Prob be the best thing you ever did for your real estate financial literacy.  

how much are these duplexes and how much $$ are they producing?

What's up Etan?  

I'd like to know this as well.

where are you?

Bank Statements, if corporate, you will get a letter from an accountant or bank manager.

The answer is in the question. What are your goals? If you are looking to utilize the cash immediately, then move forward with the SFR. If you are dying to get into a 4 unit, either look somewhere else, or hold out. Jumping into a 4 plex is always great, but if you are creating equity at the same rate, does it matter? Go back to your goals, review what is most important, and make a decision. If you don't have a plan, then make one. If a 4 plex came along, you can always sell a house and 1031 the investment in (provided you aren't living in it). Hope that helps.

Get a broker

Get an accountant.