Becoming a real estate agent is a good idea to gain experience, but you could also explore property management, wholesaling, or working with an investor to build your network. 

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

Build your portfolio as your knowledge and wealth increase. 

One of the major driving factors for increased premiums is the carrier's requirement for higher replacement cost limits on file for buildings. 

So why not put that money to work and start building up some cash flow?

I bought 6 unit property in Wildwood,NJ,in November 2024, doing rehab now, should be done by May 2025I am planning to subdivide 6 unit building to 6 separate condos and sell fall 2026, , if there are any experts in 1031 that can help me?!

Are you set on starting with a larger property, or would you be open to beginning with something smaller to build experience?

This strategy can be a game-changer for building long-term wealth, as it enables you to leverage your gains without an immediate tax hit.Example: Sell a rental property for $300,000, reinvest in a new property of equal or greater value, and defer capital gains taxes indefinitely.5.

Purchase price: $214,000 Cash invested: $180,000 Sale price: $550,000 Old VFW building What made you interested in investing in this type of deal?

Good way to build a list of commercial firms in that area that have some deal flow.