I’m getting re-acquainted with the BP community after purchasing my first house hack in the Pittsburgh area, and would love to make some connections with other like-minded young professionals and investors in the area.And if there’s anyone out there who’s just getting started and looking to make the jump to buy their first property, I’d love to offer up advice, share my network of contractors in the area, and answer any questions that I can from my experience over the last 6 months!

Sometimes you’ll find better deals with the older communities closer in to Disney.

It makes lead management way more efficient since they get to focus on people who actually want to do business. 

A standard 1031 exchange requires that the same entity selling the property also acquires the replacement property, which becomes challenging when proceeds are split between partners.Potential Strategy: "Drop and Swap"One approach is the "Drop and Swap" method:- Convert Ownership: Before the sale, the LLC distributes the property to the partners, converting joint ownership into individual tenants-in-common (TIC) interests.- Individual 1031 Exchanges: Each partner can then independently conduct a 1031 exchange with their share, deferring capital gains taxes by reinvesting in like-kind properties.Considerations:- Timing: The IRS may scrutinize transactions where the "drop" (distribution) and "swap" (exchange) occur in quick succession.

MAREI's still here, we meet at the Double Tree on the 2nd Tuesday of the month from 6 to 9 and we have a meeting after the meeting.1st Meeting is FREE.We have generally 100 in attendance.Come out and check it out, join our community - we did have several from St Joe at the meeting last month. 

The best strategy is to focus on properties that cash flow at today’s rates and consider a refinance down the line as a bonus rather than a necessity.

Seeking insight from the community on converting a STR (primarily Airbnb) to long-term rental.

I, being new myself, was considering a GURU approach.  

I'm currently focused on expanding my portfolio of leased properties for short-term rentals.

(For example, IF I was able to purchase the first home (multi-family) outright, paid-in-full, then use a HELOC to pay for the down payment and closing costs for the second home, would that be a smarter approach?)