It is essential to prioritize data over emotions when analyzing deals, just like an investor would.When it comes to the real estate business, many people tend to let their emotions cloud their judgment and underestimate the importance of building strong relationships.

Since every market is different, thorough preparation is essential to the success of any real estate endeavour.Good luck!

Outside of those bubbles, New Haven struggles a lot with poverty, crime and homelessness and the city is far from straightforward to work with.I’ve struggled at essentially every property with rent collection except for properties where I had all Section 8 tenants.

This essentially means that, during renovations, he has the opportunity to bring himself all the way up to 50/50 partners with me, or close to it.What does not sit right is that I have created this whole opportunity and would like to feel compensated by retaining significant value in the project rather than opening the doors for losing 50% of my investment when I am certainly able to do it on my own.

Essentially, I am looking for a strong market where I can duplicate my business. 

I am able to put an extra payment on the principle every year in order to chip away at it early on, but i plan on getting out of the military around the back end of 2025.

Hi Tom, Navigating the arrangement between your onsite manager, the third-party property management company, and your LLC can indeed be a bit complex, but it's essential to ensure everything is structured correctly for smooth operations.

As I embark on new ventures, armed with the knowledge and resilience forged through these experiences, I remain committed to the principles of real estate as a means to empower and uplift.

I’ve pondered buying a cheaper 100k rental cash to essentially fund a personal home mortgage if I could find one.

Not sure if there is way to 1031 exchange the funds from the old single family home rental if I do sell it into the townhouse and essentially buy it from myself into an LLC.