When I got started I fell into this trap of trying to create all this complexity and then realized it was not worth it at all and all it did was create chaos and add more costs.

It explains the importance of creating your core four.

You have a couple ways to access that equity.... you can 1031 your orange county property into a large multifamily and create cashflow that way.

It sparked my love of real estate and now I’m ready to connect with like-minded people to create a legacy that I can pass down.

With the help of a gator lender, that wholesaler does not have to worry about that and can do as many deals as they want creating a win-win situation for both the wholesaler and gator. 

Also, building a portfolio of cash flowing, appreciating assets is a great way to create long term wealth

She has a lot of experience in various forms of property development but we have two great deals at the moment where we have been able to combine parcels of land to create a development project.

I recommend creating a new post with some specific examples we can address.

@Steve Smith do you create an LLC to be the beneficiary of the trust?

STRs require more hands-on management, but it’s a viable option for reducing your taxable income without needing REPS.You might also consider a cost segregation study to accelerate depreciation on the rental, creating larger upfront paper losses.