
20 January 2025 | 6 replies
- If so, 1031 into something bigger and easier to manage and then when you pass, the inheritor receives your property(s) at a stepped up basis - subject to Inheritance Tax limits.Otherwise, sell one every 1-5 years when you need the cash, so you can plan expenses to offset capital gains.14 properties - presume these had to have been single families.Oh, I'm modifying the original post to mention leaning toward creating a trust which we manage..so we would own very little yet manage the trust which owned investments and such.Here is what I understand/misunderstand (better or worse) on moving every 2 years (as we are open to that albeit pia.) • Multi-unit would only support a %, so a quad would 25% and prorated over all years of ownership....witteling advantage to not worth the effort. • Single unit properties get pro-rated.

23 January 2025 | 9 replies
I understand I'd take a pay cut being an agent for the first few years, but in exchange, I'd be learning about the market and building a network as I move towards Commercial multifamily.

21 January 2025 | 20 replies
But I also understand some people don’t really care about the cash flow as much as the security of not having to worry about a vacancy or whatever.

25 January 2025 | 12 replies
Pick up the phone or stop by local code enforcement offices to make sure that you have a crystal clear understanding of local laws and regulations.

22 January 2025 | 3 replies
You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

28 January 2025 | 15 replies
I'm struggling to understand some aspects of your response, but it provides some things to think about.

27 January 2025 | 35 replies
Here is my simple Top 5:1.Review the market – Understand the trends and conditions in the area.2.Analyze the property and the numbers – Ensure the deal makes financial sense.3.Visit the property – There’s no substitute for seeing it firsthand.4.Meet the team – Whether it’s your property manager, builder, or contractor, relationships matter.5.Complete inspections and appraisals – These protect you from costly surprises.If all these boxes are checked and the numbers work for your goals, then it’s likely a solid deal.

23 January 2025 | 7 replies
Someone who is getting the DOS called is doing things wrong.The guy on YouTube doesn't understand what he is doing.

12 February 2025 | 43 replies
I can understand hiccups but there is no excuse for ignoring emails and phone calls when there is a problem.

21 January 2025 | 18 replies
It’s also helpful to connect with investor-friendly agents and lenders who understand your goals.Good luck!