Flexibility: 1031 Exchanges offer investors flexibility in selecting replacement properties, allowing them to tailor their investment strategy to their specific goals and preferences.

In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

The main challenge I observed is that individuals often lack a clear end goal or strategy or they select a market that doesn't align with it.

www.firstcentennial.com The key for me selecting a title company is can they do the title search in 7 days or less.

We then select the best option and close with that lender.

My tip would be to select any area that meets your investment needs.

Make educated investing selections by being aware of the local communities, property values, and trends.Speak with local real estate agents who are knowledgeable about home hacking or who focus on investing houses.

I have selected a tenant that meet all qualification and have completed a background check.

My suggestion would be to select someone with the most forum posts or most reviews.

Although it was in good condition, we earmarked some funds for further improvements, including repaving the driveway, installing a new privacy fence, and making select upgrades and repairs inside the units.One of the standout features of this property is its prime location near the vibrant downtown area of Bryan, with easy access to restaurants and shopping, which added considerable value to our investment thesis.Initially, our plan was to utilize the duplex for Airbnb rentals.