That's typically because they have a lot of money and experience.

One thing I’d stress is the significant difference between Detroit proper and the surrounding metro areas.

Feel free to ask me any questions—I’m happy to help!

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Does anyone have any experience regarding Multi Family Wealth Nation's course, resources, or meet-ups?

Here’s how using a Self-Directed IRA (SDIRA) to invest in real estate enhances these benefits, especially for those looking to diversify their retirement portfolio: Tax-Advantaged Growth: Real estate investments inside a self-directed account grow tax-deferred (traditional SDIRA) or tax-free (Roth SDIRA), meaning rental income, appreciation, and even gains from selling the property stay shielded from taxes until withdrawal—or forever in the case of a Roth!

However those with no to very limited experience will never get a fix and flip loan  from a bank. 4.

Do we have anyone that has personal experience with a 1031 strategy that is sponsored by an UPREIT?

You would then stress to not incur any improvement cost above $22,000 or you may have to liquidate the property.In this scenariod, $60,000 if you are making an above return at 10% to 12% annually + $30,000 making $4% in a HYSA, the average return is maybe around 8%The blended return would be about 9%You may be better off investing in the stock market, get a slightly lower return but without all the added stress / work.

@Ray Tsang Thank you for the candid feedback on your experience!