To qualify for a 1031 exchange, the properties you sell (relinquished properties) and the property you acquire (replacement property) must be held for investment purposes or used in a trade or business.

Purchase price: $108,000 Cash invested: $108,000 Still held in long term portfolio.

Seems like appetite for those loans has disappeared with higher rates (higher risk). Anyone still loaning non-guarantor?

That cashflow will be held in operations acct to fund a DADU or an eventual duplex or triplex in place of the home.

There is no cash flow for 3-4 years as it is built, but then after a return of capital in years 5-6 you will have an infinite return for your cash on cash and be able to reinvest that money, but more importantly, the property will be held for approximately 25 years so your wealth will grow possibly 30X over that period of time.Or, ideally, do both!

After more than 18 years Buying, Rehabbing and selling (flipping) or Refinancing and Renting, I spent a year working with a builder who built and sold or held more than 100 homes a year.While I knew he had a 14,000 square foot home and was clearly doing well, I had no idea that he averaged $100k per home.  

However, some DSCR lenders provide better terms for properties held under LLCs in terms of rates and terms.

Hi all,I am residential real estate agent currently in the process of purchasing a property management company (mainly the contracts held).

If you qualify, it is a nice option.In the IRA format, you need to start with an IRA held by a non-traditional custodian, then have the IRA make a single investment into either an LLC or Trust to obtain checkbook control over the IRA.There are a few firms that specialize in establishing a checkbook IRA trust.If you are investing in non-liability risk assets like funds and syndications, there is a clear advantage to the trust as it is not considered a business and therefore not under the purview of the CA Franchise Tax Board.If you will be investing in rental property, the limited liability protections offered by a LLC may outweigh the cost and headache of California filings. 

I found that my roommates took more precaution when asking for certain things and actually did take really great care of the property""They will likely be better behaved and take better care of the unit if they know""It is better to tell them now and hope that they take better care of the property"None of the above quotes are logical and can all be handled by simply telling your "fellow roommate(s)" that you do not want to be held liable for their damages.Challenge anyone to come up with a LOGICAL reason to let a tenant know you are the owner (this will be fun!)...