![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1869794/small_1696096235-avatar-sungy4.jpg?twic=v1/output=image&v=2)
23 January 2025 | 5 replies
@Sung Yu You can 1031 exchange your fourplex into a single-family home, provided it’s initially used as an investment property (rented for 1–2 years) to meet IRS requirements.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1285549/small_1736900657-avatar-lesliel37.jpg?twic=v1/output=image&v=2)
30 January 2025 | 4 replies
🙏☺️ I completely understand where you’re coming from & you’re right that owning real estate is a key step toward truly being an investor.I’m still new to the game, but I have a solid plan in place to move toward ownership & establish myself as a real estate investor.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3171072/small_1737143081-avatar-lashone1.jpg?twic=v1/output=image&v=2)
8 February 2025 | 5 replies
My initial plan had been to do something like Rent-to-Retirement or REI Nation- assuming that I'd be leaving money on the table to pay for their expertise, but hoping that I would learn through the process and develop the confidence to strike out on my own later.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3176978/small_1738261554-avatar-robeln2.jpg?twic=v1/output=image&v=2)
8 February 2025 | 6 replies
Partnering: If you're initially short on funds or experience, consider partnering with someone who has more experience or capital.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2351620/small_1694575452-avatar-davidb1881.jpg?twic=v1/output=image&v=2)
14 January 2025 | 10 replies
This creates an initial negative equity position that consumes the initial cash flow, sometimes for many years.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/924773/small_1697463165-avatar-robbrealtor.jpg?twic=v1/output=image&v=2)
19 January 2025 | 4 replies
Or give any one area a leg-up, besides the initial players like Virginia.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3166720/small_1736355803-avatar-aaronf324.jpg?twic=v1/output=image&v=2)
21 January 2025 | 3 replies
I know we all experienced a significant disruption at the initial transition, but it's now been almost 60 days.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2825041/small_1737169735-avatar-jonathanb849.jpg?twic=v1/output=image&v=2)
18 January 2025 | 16 replies
I think it’s normal and expected that hosts provide an initial supply of these items.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3167688/small_1736525560-avatar-davids2953.jpg?twic=v1/output=image&v=2)
16 January 2025 | 38 replies
Best of luck to all you out there.How much did you pay for these 3 buildings initially and how many years did it take you to earn the money to pay for them?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/107728/small_1621417372-avatar-royalroseprops.jpg?twic=v1/output=image&v=2)
26 January 2025 | 2 replies
. - The smaller the job, the easier to understand using the material & labor steps above.- Larger jobs may require requests for more detail, so the above steps can be applied.Be sure to check your management contract for what you agreed to.