Happy to see another local Morris County native joining the community.

My vision is to react to each buying opportunity appropriately as a "transaction engineer."  

I know this is probably elementary, but I would like to know how one should react to both the peaks and valleys of real estate cycles, using both a 1031 exchange and a conventional buy/sell as an example.

Because you are in a location with negative land value.If the area changes to the better (usually very slow), the market reacts very efficently and as soon as people like the area better and rents start going up, prices are going up as well and will quickly gravitate to about 1%.People who tell you 2% is possible (outside of an expectional smoking deal, special circumstances), have either not experienced capex over time, or they are not telling you about it (and are lying to themselves as well) or are slumlords and will soon own a property that is uninhabitable.

I have heard quite a bit about HELOCs lately and think this may be a great route in case an opportunity presents itself and I have to react quickly.

I did research on a company I want to hire, and among positive feedback (which may be fake), I found these 2 reviews:[/i]LV Native ?

I am a native of Columbus Ohio.

I am a Saint Louis Native and I have been in the mortgage business for 13 years and have a background in originating, closing and processing many different loan programs.

I'm a native who was in statewide outside sales for 20 years and I can tell you with absolute certainty you won't draw those rents in Surprise.  

Sometimes people would spit on the street in front of me and then look to see, if I would react to that provocation.