All Forum Posts by: Al Wilson

It depend on your market. If tenants are hard to come by, take it. If not, stick to 12 month leases.

We invest in Destin, but have not seen anything like you describe since 2009. Good luck.

No, but it is much easier if you do so.

Use the local First American Title agent.

1031 requirements are very specific and a misstep can't be remedied after the fact. Recommend you consult with your real estate attorney now to make certain that you check off all of the requirements. Good luck.

Real estate agents provide a valuable service. Find a good one. Good luck.

If you are forming a legal entity, don't do it without consulting an attorney. Too risky otherwise.

Long shot. Good luck.

The advice from Wayne Brooks is spot on.

We almost always put up $5000 in earnest money, so that the seller knows that we are serious.