.: We just this week bought a 6 unit building in a top notch suburban school system for $615,000 with gross rents of $4615, but to make the deal cashflow (barely), had to raise the gross monthly rents to $6570 on 4/1.

I have a portfolio of SFR out of state, but I am looking to start doing some deals on LI and want to build my network up here.

I was taught this my the principal of one of the largest industrial REITs in the country and it has always proven to be true.

Hi All - When selling a property with the intention of immediately buying another building via a 1031 exchange, can anyone recommend strategies for removing or at least lessening the risk of running out of time to meet the 1031 deadlines?

We just acquired an existing duplex in Fort Lauderdale and planning on tearing it down and build a new duplex instead.

No building inspections or permits exist out there.

I started out with little to nothing when I was in the Army and building up properties slowly. 

Purchase price: $3,636,000 Cash invested: $700,000 This is a brand new 40 home build to rent manufactured housing community.

I'd do what you can to keep yourself uninvolved with it....but still help your Grandma of course..A trip to the City (Planning/Zoning/Building Depts) will give you some valuable info.

In Japan, it's the opposite, at least for structures (land and building values are separate).