Purpose of the fund: To purchase old land, rezone, demolish, and rebuild homes to sell at a profit.

Another option is Wes Warren at Happy Homes.

Helps you stand apart from similar 4 bedroom homes and if you choose to pursue a rent by the room strategy in can create additional cash flow.

Many Texas cities are incentivizing developers to build affordable housing units, but challenges remain around keeping these homes accessible long-term.

If she gifts the home to you, you inherit he cost basis and owe all the taxes.

Starting with a $100K headstart is more than a enough to buy a new primary home. 

Our target towns are not in the urban centers but more suburban towns with good schools are moderately priced homes for families.

If you can’t “always close” on every home you put under contract, aim for 90-95%.

The moral of this story is to have good home owners insurance!

I just completed a 1031 exchange where I sold a home in east county in an hoa to do a 1031 exchange and purchase a multlifamily in South Park of San Diego which has room to add 4 more units.