After 20 years in the industry, I’ve seen syndications work well for certain investors, but vetting them is absolutely crucial.

Keep in mind with a 1031 exchange, it's important to ensure that the total value of the replacement property is equal to or greater than the property you sold.

I think an equally probable scenario is that we'll convert it to a rental, and then look into a 1031 exchange if we think we can trade into a better-performing asset. 

If I convert those monthly nets into annual nets and plug those in to see what amounts of cash in would lead to those results in each case, I come up with:Scenario 1: $2000/month ($24000 annual) to equal a 12% return means you're in $200,000 cash. 

Lower interest rate at 12% is $8,400 year ($42K for 5 years) plus his initial investment of $70K equals $112K.

Your expertise, experience, and intuition in real estate play a crucial role in making a good deal happen.

So is it equally illegal when the large landlords drop rental prices in a building as vacancy increases and the market softens?

His staff was equally welcoming, and my business partner and I signed up for his in-person workshops for 2025—it was an excellent deal.

Regardless of the market, choosing a reliable property management company is crucial, as their performance can significantly impact your investment’s success.Good luck! 

This will help you understand their motivations, which can be crucial in negotiations.