Hello Everyone!! I have been educating myself for the last 6 months on Real Estate Investing! I have my eye on this one Duplex In Central Pennsylvania. I’m open to all tips and also any RE Investors Meet-Ups in The Ge...

The time has come for me to start investing in real estate and before doing so i'm looking to build a strong and dedicated team of partners: agents, lenders, contractors and property managers mainly in the Cleveland area (but also open to markets within a 2-3 hr drive away) that already possess an excellent track record in their line of work and that value long term collaboration.

BP is actually a good place to start.

The best way to start in rentals is by buying in your own area.

And after several years you start doing cash out refinances.....If you can refinance one property every 1-2 years and withdraw $200k of equity....that's not taxable. 

When regulations increase risk, cap rent increases, and make it difficult to evict non-performing tenants, it's time to consider a 1031 exchange.I was living in NYC in 2004 when I decided to start an investor services business.

Your starting depreciable basis should have been the LOWER of what you paid or the FMV in 2010 when you converted it to a condo. 

Start with great theming, keeping in mind the current trends taking place at the parks.

Once the work was complete, I refinanced to pay off the hard money loan and held the property as a long-term asset.This duplex also marked the start of my short-term rental journey—we ran our first Airbnb from one of the apartments before scaling to bigger projects.

Back when I first started in 2018 there would be properties under 50K they’d be interested in.