But the link is no longer operable as it's so long ago.The long and the short of it, Porter did about 40 sub-2's taking over the properties in a period of 3 to 4 years.

Just make certain to build a relationship with a reputable turnkey operation who treats the city like it’s there own backyard, specializes in section 8 and has in-house management as well as day in and day out boots on the ground crews, etc.

, if that was your purchase price and only put $10k to rehab , where did you find this gold mine in 2019!

Section 721 of the Internal Revenue code allows an investor to exchange property held for investment or business purposes for shares in a Real Estate Investment Trust (REIT) or an Operating Partnership without triggering a taxable event.Many investors are aware of a 1031 Exchange where an investor must find a replacement property to defer capital gains taxes on the property that was sold.

Sure there the unlicensed guys that operate differently .

@Hieu BuiI re-did the siding on a townhouse rental of mine 5 years ago in Marietta, GA, three sides only and it was around $10,000.

Good luck Thanks bob you’ve explained how big your operation is and that’s wonderful and all but for us investors who have only a couple properties and can’t “give contractors as much work as they want” I’m looking for a solution.  

A few months back, a longtime client of mine was enticed by a similar annuity offer promising to cover conversion taxes with a cash bonus.

When the underwriter has to sift through operating agreements to determine who the members are and struggles to understand who possesses ownership interests that trigger that particular lenders guarantee requirement you are doing yourself more harm than you are good. 

Let me break it down a bit from personal experience.A buddy of mine out in Scottsdale tried Zillow’s premium listing for his condo a few months back.