Ensure you work with a team that is familiar with them (accountants / lawyers).A 1031 exchange is a way for real estate investors to defer paying taxes on the sale of investment property.

Quote from @Sebastian Bennett: I've been thinking about getting a real estate license.

I did work for a commercial real estate investor prior to jumping into syndication, so that gave me a strong knowledge base to start with.

For me, weekly check-ins and just being real with my team—like saying, “Hey, I’m not sure, let me check on that”—have saved so many situations.

Seriously—Pick a Property TypeDetached houses might be the easiest to work with, but the real key is committing to a property type.

I think many make the mistake of believing real estate is more liquid than it is.

And quite frankly, there might not be a benefit of refinancing for a while.  

My journey right now is learning more about real estate investing as I've been very passive and bought without much research beforehand.

Originally from Africa, I’ve embraced new opportunities to build a better future, and real estate is at the core of my financial freedom plan. 

Unless you want to start selling real estate for a career, there is no need for it.