We have a 64% vacancy rate now a year and a half later and our unique property management style ensures that we are renting our spaces 2 x faster than the competition.

I have a degree in civil engineering and 15 years construction, site development, and short term rental experience and am looking to shift my focus/career towards real estate development, mainly raw land although if there were a house on the property could include fix and flip.I plan to purchase 50+ acres of raw land with 1000+ feet of road frontage, have it surveyed and split into separate 5+ acre parcels for re-listing.

Hi Darrell, here are this year’s dates.

I just checked my 3 unit properties and and they are all 8-20 usage every 2 months and they have had water meters for 10+ years

Each of your homes will start at a lower cost basis and you will get slightly less depreciation each year to offset but you have spread that depreciation over multiple properties so now selling any one property will result in less impact on taxes than just selling your first without a 1031. 

City won't let you rent out basement, but owner can live in basement.It may suck for 1-2 years, but then you'll have gained so much knowledge you can do better on the next one!

As a buyer, I like 20% down and to pay 6% interest only for at least 5 years. 

I’m an 11 year contractor turned full time REI.

Happy New Year all!  

I spent months, no, years, reading books, buying No Money Down cassettes, (Carleton Sheets, anyone?)