Use 1031s to consolidate and move geography from the highly appreciation dependent areas and sectors and go into better cash flow - maybe in other geographies or moving into denser MF or commercial assets. 

And can't wait to see what else you put out going forward.FYI I think there is a great opportunity to copy Tim Ferriss - Tools of Titans and mirror very closely how Tim took all podcast guests, consolidated into one book, a few pages per guest, and extracted general background along with major tips, tools, suggestions, and common answers from the guests.I'm biased.. but I would love to read a bigger pockets book that had an almost identical format to Tool of TitansKeep up the good work BP team/ community

+1 on consolidating your high interest debt into the lowest interest loan you can get (cc promotional balance transfer with 0%, or another loan with less than your cc’s).

By the time she replied and indicated she was willing to sell, I had already written it off as gone, so my response was to request that she consolidate all the information on the property into something electronic that I could then pull together into a convincing report for a lender...however then I indicated that my offer would be at least 200k below her outrageous asking price and of course she promptly backed out again.

Hello Everyone.....i just joined this forum bc as i was scouring the internet over the last couple of day this forum kept popping up as full of information. so thank you all for letting us newbies access all this wealth of info. my situation is as follows. current mortgage balance on 2 family home: 360k @ 3.75% for 30 years ($2300 montly PITI)current market value by a local Credit Union: 553kjoint Debt between me and wife: 77k (majority is student debt)Montly Debt payments: $1265.00Rental Income from Duplex Apt upstairs: $1700.00my idea is to get a 10/20yr HELOC for 80k to consolidate our Debt obligations and then paying only the interest on the HELOC (5%) is a 333/month payment. basically converting our 1265.00 montly debt obligation burden into a 333.00 burden. we would be responsible for the mortgage (2300.00) and the HELOC interest payment (333.00) which is 2633.00this minus the 1700 rental incomes makes our montly home burden 933$ dollars.our monthly income combined is approx 6k after taxes but we also have daycare and food and car insurance and the like. my idea was to basically transfer and extend our current debt to a lower montly payment as we plan on moving in 1.5-2yrs and then fully renting our 2 family home which should bring in about $3500 a month conservatively (city property with 2 parking spaces). the rent of the home would cover both the mortgage and HELOC interest payment and STILL be positive cash flowam I wrong to think that then the HELOC would basically be paid by the Tenants and not me....in a way i would have transferred our CURRENT debt to another debt vehicle which would then be paid by someone else. the plan after paying all of our non HOME related debt would be to save aggressively. i am thinking 2k-2.5k a month should be doable. although i have also thought about aggressively paying down the principal on our primary mortgage instead.am i missing something. i know people dont like HELOCS bc of the variable rate...but is interest rate important when someone else is making the payments?

Consolidation into fewer more expensive properties - maybe one with onsite management.2. 1031 into really nice transitional properties to slowly convert to primary residence over his retirement.3. 1031 into NNN commercial properties 4. 1031 into commercial fractional properties that are 1301 compliant. 

I have corporate project management experience but not real estate experience. would you still recommend a GC for this project, or would you say the consolidation of responsibilities simplifies the process considerably?

If I had 2 single family houses that each have 100k mortgage on them, would a portfolio lender be able to consolidate and create one loan for 200k?

I did consider this when initially deciding to begin our real estate investment plan and if we can qualify in 3 years and keep paying the loans down at the same time, it will be profitable still considering our consolidated interest rate even including anticipated maintenance and repairs and such. 

My goal is to purchase and renovate properties to hold and rent for the next 20-25 years, then begin to consolidate them until the remaining properties are owned outright.