When you do a traditional 1031 exchange you have 45 day identification period, to provide a list of potential replacement properties and 180 days to close on a replacement.

It's always important to have contingency reserves and having a healthy contingency line item that's capitalized can greatly reduce cash during life of loan.Loan Administration:Remember construction lenders release for completed work and the borrower has to navigate the process by which the work is completed in order to obtain reimbursement.

I have a weekly foreclosure list that goes out and I monitor 4 family apt building listings too...Best regards, Greg

For example, if $100 buys a basket of goods today, in 10 years, with a 5% average inflation rate, you'll need $162 to buy the same items.

Knocks down your list to 30 deals.. then you can dig into those more (better comps, etc.), then after you do all that you will have a list of 5-10 really good ones to make offers...

In cities desperate for revival (Rochester and Binghamton are high on that list), this is the wrong move. 

They usually cherry-pick fire and safety related items from new editions of the building code that just can't wait, in their opinion.

It was listed by David.

If you’re into management sims, it’s worth a shot, especially on sale.On a side note, if you’re into trading or selling in other games, platforms like here can be great for managing in-game items or cashing out from games like CS2.

First you need to learn to separate the following:Maintenance: usually things related to wear & tear or tenant damage.Repairs: usually broken items like doors & windows, caused by tenant or nature.Capital Improvements: usually expensive things that wear out: hot water tanks, furnaces, roofs, etc.The seller is correct that Repairs & Capital Improvement items should not be a factor for awhile (ALWAYS get your own inspection to confirm).