Networking becomes particularly vital when investing in areas where you lack expertise.

The DSCR 40 year is really set up to help the rents be equal to or greater than the PITI payment in order to ratio at 1.00% or greater.

As for general contractors, they are vital to the success of your projects.

Hello All:I am equally nervous and excited to start diversifying my investment portfolio by starting my real estate investment journey .

Unfortunately not, Gabriel. 1031s are quite strict, and involve equal “equity” deployed in order to persevere the gain deferral.That said, if you’re okay with realizing *some* capital gain on boot / mortgage boot, you can pull *some* cash from the 1031 exchange.

For example, if the market rent on the duplex unit you'd like to occupy is $500/mo, you can go rent another similar unit for $500 (-$500/mo on your personal bank account) and rent out the units owned by your Solo 401k (+$500/mo for your Solo 401k).As you can see, -$500 and +$500 equal the same net effect in the short term, but long term, you'll accumulate wealth more rapidly because when you go to reinvest the cashflow from the 401k-owned unit you were going to occupy (but rented out instead), the tax benefits of full reinvestment will add up faster.How do I pay the returns back to the 401(k)?

I also connect it with RemoteLock so anytime a guest makes a reservation, a door code is automatically created for them equal to the last four of their phone number.

For example, I've seen where a hobbyist investor/developer works on project, they hire an engineer and/or architect, but they ended up missing something vital, i.e. drainage issues, environmental, fire dept review, planning the wrong type of product for that market (buyer & renter demographic), etc.

Usually most 2-3 months about it.I figure with a 7k payment (includes taxes and insurance) I should have 42k in reserves which equals 6 months. 

BP should definitely create a therapy group because I equally fall into that trap with some of our Chicago renovations...I went to a property to do a quick walkthrough check and then somehow I end up with a broom in my hand cleaning because messy job sites are my pet peeve.