But it won't affect any remaining profit you leave in the 1031.Here's a couple thoughts that you'll need to think about to make a good decision.1.

I think the big concern here is a national event that affects us all.

It might be for Scott J because he has relationships he has honed over the years but for the average student this is imply not anywhere near reality or repeatable to where you going to retire on cash flow..

Hi @Leon Jamison,I can recommend my contractor. my project was $420K, 7months, funded through 203K. we went slightly over schedule (10months),mainly due to a few failed/ repeat inspections, but we were able ton finish under budget.TBH, Im actually doing a second multi family reno project in the heights, New York Ave with the same contractor beginning March 2025.Anyways, you're bound to have issues when working with any contractor.

Yes, agents would say buyers agree to 2.5% when the sign the buyer contract, but most only do so because they are repeatedly told that they "aren't really paying the commission, the seller is."

We've successfully delivered over 550 investment properties to over 200 clients worldwide, and over 90% of clients have invested with us repeatedly, showing they are happy with their investments.

-Marty Summers Marty, Nothing that I posted is incorrect, but thanks for stopping by to repeat some of the marketing material that induced you to send seven figures to BAM Capital.

It affects you.

Find a renter, qualify them, move them in, collect rent, oversee repairs, re-sign leases, move them out, turn the unit, rinse and repeat.

There was also a part of that law that enacts rent control anywhere in the state, which may affect your plans.Make sure any changes you are proposing to the contract are compliant with the "new" New York State housing laws.