It explains the importance of creating your core four.

You could roll it into a higher cash flow deal, but it would be really important to do a lot of homework before jumping in.

Missing from the kind of back and forth typical of this thread is the importance of not letting resentment build and understanding the transactions and relationships folks get into.

A 1031 exchange is a great way to indefinitely defer the tax and use it to grow your RE portfolio, and build long term wealth.The most important factor in a 1031 exchange is that your qualified intermediary must be in place prior to the closing of the sale of your old property.

The first question is it a legit issue and most importantly is the lack of me doing it make the home unsafe or uninhabitable?

The biggest takeaway from this deal was the importance of balancing renovation costs with market potential.

Had the help of David Armenta of Armenta Realty, who walked us through the process and taught us the importance of our first home purchase.

Wholesaling is a great way to get started, but it’s important to focus on building a strong foundation.

Lower prices usually mean less attention to details, slower communication and most importantly additional fees.

Verifying last 2 years of rental history very important!