While I did not work with other agents or lenders for this particular deal, my professional experience ensured a smooth transaction and effective project management.

I have always had an interest in flipping houses because I get really excited to see run-down houses, walk through them, and come up with a design plan.

If you can be highly disciplined the first few years, the compound effect will take over, and that’s when you make the real money.

@Dallas Smith To defer capital gains on your investment property, a 1031 exchange is an effective strategy, but the replacement property must be held for investment purposes for at least two years.

While I did not work with other agents or lenders for this particular deal, my professional experience ensured a smooth transaction and effective project management.

For RE owners, death allows you to pass assets to your heirs and step up in basis, effectively eliminating recapture.

I’ve developed a Comprehensive Investor Report (CIR) for a property in Palm Coast, FL, designed to be transformed into a luxury rental asset while serving as the foundation for a scalable asset management strategy.Here’s a quick snapshot of the deal:Property: Red Birch Lane, Palm Coast, FLCurrent Value: $350,000+Mortgage Balance: $165,000Current Equity: $185,000Investment Required: $177,500 (for luxury upgrades and optimization)Projected Monthly Rent: $4,500 with 2% annual increasesTarget ROI: Full 1.5x ROI for investors achieved in 9 yearsLuxury Features: Smart home automation, designer finishes, professional-grade kitchen appliances, and more.I’ve also structured a capital distribution plan with a waterfall approach:8% Preferred Return for investors.Full Return of Capital to investors before profit splits.Post-ROI, a 20/80 split (Investor/Management) ensures long-term alignment.

Also, if you form an LLC to hold the property, you will need a designated agent(attorney) in that state. 

This tool is basically designed to help you decide whether or not to submit your LOI for further diligence.

I looked at their Houston Fourplex presentation deck and it appears that the Southpark project is almost the same in terms of building design etc (the interior pictures of the fourplexes are exactly the same).I too am considering investing in their Southpark fourplexes so would definitely appreciate people sharing their thoughts and investment experiences.